Robostar is showing strong performance. This is interpreted as being influenced by the news that LG Electronics is collaborating with Microsoft Korea (MS), GE Healthcare Korea, and others on a smart hospital project.
As of 1:26 PM on the 11th, Robostar is trading at 31,900 KRW, up 2.57% compared to the previous day.
On the same day, LG Electronics announced that it had signed a "business agreement for joint discovery and construction of smart hospitals" with GE Healthcare Korea and Microsoft Korea.
A smart hospital is a future-oriented hospital that integrates IT technology into hospital operations and medical treatment to provide patients with a better healthcare service experience. According to consulting firm CMI, the global smart hospital market size is expected to grow rapidly at an average annual rate of over 20%, from approximately 41 billion USD in 2022 to 153.3 billion USD by 2030.
LG Electronics currently possesses 13 types of medical monitors including diagnostic, surgical, and clinical monitors, as well as digital X-ray detectors, digital signage solutions, electric vehicle chargers, CLOi robots, Private 5G, and air conditioning systems.
Microsoft Korea has solutions to support the digital transformation of hospitals, including hybrid cloud systems, AI algorithm models such as Microsoft Azure OpenAI, and Microsoft Teams for smart communication among medical staff.
Meanwhile, Robostar is the largest shareholder of LG Electronics with a 33.43% stake. It has also been responsible for contract manufacturing of some products in the LG CLOi lineup, such as sub-bots.
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