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HD Hyundai Robotics Engages Banks for Potential South Korea IPO Amid Strong Market Momentum

DEFENSE

HD Hyundai Robotics Co. is preparing for a potential IPO in South Korea, having hired UBS Group AG, Korea Investment & Securities Co., and KB Securities Co. to facilitate the listing. The company focuses on industrial robots for tasks like screw driving and welding while planning to develop AI humanoid robots.

In November, HD Hyundai raised 180 billion won from investors, including Korea Development Bank, to enhance its AI capabilities. South Korea's IPO market showed strong momentum in 2025, raising $3.4 billion, exceeding totals from the previous two years, with the Kospi index gaining 76% last year due to the performance of AI-related shares and defense stocks.

HD Hyundai Robotics Engages Banks for Potential South Korea IPO Amid Strong Market Momentum
Jan 13, 2026, 4:57 PM

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