Home › KT acquires 10% stake in Hyundai Robotics for KRW 50 billion
 

Keywords :   


KT acquires 10% stake in Hyundai Robotics for KRW 50 billion

2020-06-18 12:18:00| Telecompaper Headlines

(Telecompaper) South Korean operator KT has signed a cooperation agreement and investment contracts with Hyundai Robotics. The two partners plan to collaborate on digital transformation based on 5G, artificial intelligence (AI) and smart factory applications. Under the terms of the deals, KT will acquire a 10 percent equity stake in Hyundai Robotics for KRW 50 billion.

Tags: billion hyundai stake robotics

Category:Telecommunications

Latest from this category

All news
»
08.11Up close with the 300 tonne driverless trucks
08.11China is trying to fix its economy. Trump could derail those plans
08.11Atlantic Tropical Weather Outlook
08.11Eastern North Pacific Tropical Weather Outlook
07.11Remnants of Fourteen-E Graphics
07.11Remnants of Fourteen-E Forecast Discussion Number 6
07.11Remnants of Fourteen-E Wind Speed Probabilities Number 6
07.11Remnants of Fourteen-E Public Advisory Number 6
More »