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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. ....
Korea s major conglomerates are moving to tap deeper into the robotics industry as demand for collaborative robots is soaring amid rising labor costs, according to industry officials, Monday. ....
The stereotypical images of industrial robots in the past depicted automated machines working behind fences, isolated from human workers. The development of elaborate sensors detecting human contact and lightweight materials, however, has ushered in an era of collaborative robots, or “cobots,” which can interact with human workers more safely within a shared space, or in close proximity. ....
The stock price of Hanwha Corp., the de facto holding firm of Hanwha Group, plunged 7.85 percent to 27,000 won ($20), Monday, after its second-quarter earnings fell short of market expectations. ....
Hanwha Group, South Korea’s seventh-largest conglomerate, is looking to bolster its robotics business as it plans to establish a new robotics corporation. Hanwha announced Friday that its robot and automated guided vehicle businesses under the factory automation department at Hanwha Corporation/Momentum would be split off into a new robotics firm named Hanwha Robotics. The company said the split-off is taking p. ....