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Rise of the Robots: South Korea s Bold Leap into the Future

Rise of the Robots: South Korea s Bold Leap into the Future
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Hanwha seeks bigger presence in burgeoning global robotics market

Hanwha Group, South Korea's seventh-largest conglomerate, officially launched its robotics firm Hanwha Robotics on Wednesday, aiming to take the lead in the burgeoning global robotics market. Hanwha Corp./Momentum and Hanwha Hotels & Resorts set up a joint venture for Hanwha Robotics, holding 68 percent and 32 percent of the shares in the new entity, respectively. Hanwha Corp./Momentum will acquire 28,293,19.

South koreaUnited statesKim dong sunSeo jong hwiHanwha corp momentumHanwha groupSamsung electronicsNational research council of scienceHanwha hotelsHanwha roboticsHanwha group chairman kim seung younHanwha roboticNational research councilNorth americaMomentum executive director seo jong hwiThe korea herald