# 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.

- Type: Partnership
- Announced: 2018-09-20
- Where: China
- Status: announced
- Capacity: 20000 industrial robots per year
- Products: industrial robots
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Hyundai Heavy Industries](https://endata.com/companies/1382.md) (partner)
- [Hagong Intelligent Robot](https://endata.com/companies/18170.md) (partner)

## Sources

- [en.yna.co.kr](https://en.yna.co.kr/view/AEN20180920008600320), 2018-09-20: "Hyundai said it expects the joint venture to sell more than 17,000 industrial robots in China by 2022."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.