LG Group will invest 3.6 trillion won ($2.8 billion) into AI and data-related businesses by 2026 South Korea’s LG Group will include teenagers in its mid- to long-term project to nurture artificial intelligence talent, as AI technology is expected to be adopted into a broader range of app
Autonomous driving startup 42dot's robot taxi (Courtesy of 42dot) South Korea’s top carmaker Hyundai Motor Group is set to purchase autonomous driving startup 42dot, intensifying the automaker’s competitive edge in self-driving, a key part of its future business model. T
LG's in-vehicle infotainment system When LG Electronics Inc. surprised the market last year by announcing that it was exiting the mobile phone business, one of its mainstay businesses, investors wondered, what's next?It didn’t take long for the South Korean electronics giant to come up wi
Dog-like robot Spot, humanoid robot Atlas and Hyundai's NEXO hydrogen fuel cell car Hyundai Motor Co. said on Monday it is shifting its business focus toward smart mobility from brick-and-mortar carmaking following its acquisition last December of US robotics startup Boston Dynamics Inc.The top
Hyundai Motor Group Chairman Chung Euisun took the helm in October 2020. (Graphics by Jerry Lee) Hyundai Motor Group Chairman Chung Euisun has agreed to take a 20% stake in Boston Dynamics Inc. as part of the South Korean group’s acquisition of 80% of the US robotics company from SoftBank
Hyundai Motor Co. has decided to acquire the US robotics firm Boston Dynamics Inc. from SoftBank Group for slightly less than 1 trillion won ($921 million) and will finalize the acquisition at its Dec. 10 board meeting, according to sources with knowledge of the matter on Dec. 8.The acquisitio