Hyundai Heavy Industries spins off robotics business as Hyundai Robotics

Hyundai Heavy Industries Group officially spun off its automation business into a new company, Hyundai Robotics, on May 1, 2020. The new company is wholly owned by Heavy Industries and will also launch a subsidiary, Hyundai L&S, for logistics automation.

“The key management team carries over and the new business is wholly owned by Heavy Industries.”engineering.com

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• engineering.comHyundai Launches New Robotics Company, Expands in ...James AndertonMay 27, 2020

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