This article appeared in Signal, a capital markets compass, at 5:29 p.m. on June 9, 2026.
LS Electric is pursuing a plan to attract a financial investor (FI) for its robotics affiliate Tirarobotics to expand its factory automation business. LS Electric controls Tirarobotics through LS Tirayutec, whose core business is smart factory solutions. The plan centers on transferring part of the roughly 56% stake currently held to an FI to secure investment funds for LS Tirayutec.
According to investment banking (IB) industry sources Tuesday, LS Tirayutec is seeking an FI to purchase part of its stake in robotics subsidiary Tirarobotics. The company plans to conduct a secondary share transaction of part of its 56.44% stake within a range that does not affect management control of Tirarobotics. LS Tirayutec is a subsidiary of LS Electric, which spun off its robotics division in 2022 to establish Tirarobotics.
If the stake transaction is completed, LS Tirayutec is expected to strengthen its smart factory solutions business. Founded in 2006, LS Tirayutec initially focused on manufacturing execution and factory automation (MES·FA) and supply chain management (SCM) solutions before strengthening its smart factory business after being acquired by LS Electric in 2024. It currently supplies solutions to key domestic industries such as semiconductors, displays, and secondary batteries, and leads the digital transformation (DX) strategy within the group. By partially divesting the subsidiary stake to secure funds, it can expand its business by increasing research and development (R&D) and investment.
Tirarobotics is a company that makes autonomous mobile robots (AMRs) used in logistics and distribution industries and various manufacturing sectors. Having developed its core technology in-house, it is drawing attention from strategic industries such as semiconductors and the defense sector, where importing foreign products is difficult due to security concerns. Tirarobotics is currently known to be developing semiconductor process-specialized robots with a major domestic company.
"As the industrial paradigm changes, there is a mood in which companies needing funds are actively pursuing affiliate stake transactions," an IB industry official said. "If FI funds are channeled into new businesses, it will also help reshape the industry."
