Hyundai Robotics

Hyundai Robotics signed a deal with Samsung Engineering for the construction of a Smart Piping Shop and automation of steel frame manufacturing for plant construction.

KT Corp. announced it will acquire a 10% stake in Hyundai Robotics, the industrial robot arm of Hyundai Heavy Industries Group, for KRW 50 billion (US$41.4 million). The acquisition is part of a strategic partnership to enhance smart factory and robot solutions.

Hyundai Robotics will ship its first major order to Hyundai's new Indonesian assembly plant in the Deltamas Industrial Complex near Jakarta, including 370 vehicle manufacturing robots and smart factory controls.

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.

HGZN (Jiangsu Hagong Intelligent Robot Company) partnered with Hyundai Robotics to build a smart factory in Haining, China, capable of producing 10,000 robots annually on 12,000 sq m. Manufacturing is scheduled to begin in 2021.

Jiangsu Hagong Intelligent Robot (HGZN) and Hyundai Heavy Industries Holdings signed an agreement to set up a joint venture, Hagong Hyundai Robotics Co., Ltd., with registered capital of 200 million yuan. HGZN will hold 70% and Hyundai 30%.