LG Electronics Inc. signed a memorandum of understanding with artificial intelligence (AI) startup FASSTO to promote cooperation in the supply and system development of logistics robot solutions.
According to the MOU's terms, the two businesses will support the creation of a solution that integrates autonomous order-picking robots with logistics systems, the development of the best robot operation procedures for logistics bases, and the gradual expansion of the use of robot solutions within logistics centers.
Early this month, LG rolled out a solution linking its next-generation self-driving logistics robot, CLOi CarryBot. with a warehouse management system and a multiple robot control systems at Fassto’s smart logistics center in Yongin.
The two parties will collaborate to expand the use of the CLOi CarryBot at FASSTO’s other logistics centers.
LG will also supply the logistics centers run by FASSTO’s foreign client companies with its next-generation robot solution.


Toyota to Sell U.S.-Made Camry, Highlander, and Tundra in Japan From 2026 to Ease Trade Tensions
Roche CEO Warns US Drug Price Deals Could Raise Costs of New Medicines in Switzerland
Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision
7-Eleven CEO Joe DePinto to Retire After Two Decades at the Helm
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates
LG Energy Solution Shares Slide After Ford Cancels EV Battery Supply Deal
Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group
ANZ New CEO Forgoes Bonus After Shareholders Reject Executive Pay Report
Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy
Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency
Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets
Canada Signals Delay in US Tariff Deal as Talks Shift to USMCA Review
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools 



