Hyundai Heavy Industries Holdings to form JV with Hagong Intelligent Robot in China

Hyundai Heavy Industries Holdings signed an agreement with Chinese robot maker Hagong Intelligent Robot Co. to set up a joint venture and build a smart factory with annual capacity of up to 20,000 industrial robots by the first half of 2019.

“Hyundai said it expects the joint venture to sell more than 17,000 industrial robots in China by 2022.”en.yna.co.kr

• 1 source
• en.yna.co.krHyundai Heavy Industries Holdings to make industrial robots in China | Yonhap News AgencyKim, KwangTaeSep 20, 2018

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