Hanwha Group chair Kim Seung-youn inspected the company's robotics headquarters on Friday.
LG Electronics will invest $60 million into Silicon Valley-based robotics startup Bear Robotics, ramping up its effort to find its next growth driver.
LIG Nex1 will acquire a controlling stake in a U.S. military robot manufacturer for $240 million together with a local private equity investor, the local defense contractor said Friday.
Doosan Robotics is set to supply chicken frying robots to Kyochon F&B for the automation of the cooking process and increased efficiency and safety.
Hanwha Group entered into robotic race with its official launch of Hanwha Robotics on Wednesday, following major Korean conglomerates’ recent focus on the robot industry.
Doosan Robotics' shares nearly doubled on its first day as a public company, but fell short of expectations for the largest IPO in Korea this year.
As of 1 p.m. Thursday, the robot supplier is trading at 50,600 won ($37.6) after peaking at 67,600 won earlier that day.
Doosan Robotics has attracted strong interest from major investors for its upcoming IPO, including sovereign wealth funds. The offering price has been set at the upper end of the suggested price band.
Robotics stocks are trading strong in the market on Monday, partly driven by the investors' heightened expectations for the fast-emerging industry.
Doosan Robotics, Korea’s largest collaborative robot supplier, is set to open a subscription for its initial public offering (IPO) shares.
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