KT completed the acquisition of a 10% stake in Hyundai Robotics for $41m.

KT, a telecommunications company, completed the acquisition of a 10% stake in Hyundai Robotics, which offers a complete line of automation robots, from Hyundai Heavy Industries, a shipbuilding company, for $41m. "In the post-Covid 19 era, KT is prepared to contribute to strengthening the Republic of Korea's industrial competitiveness and the transformation of our nation's manufacturing industry, taking advantage of our 5G and AI capability in cooperation with Hyundai Heavy Industries Group. Beginning with Hyundai Heavy Industries Group, we will do our utmost to expand digital transformation in diverse areas," Ku Hyeonmo, KT President.