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
01.12How Kiro AI Agents Accelerate Development from Modernization to Cloud Migration Analysis
28.11Modern IT Service Management is Transforming Managed Services. Heres how. (Part 1)
25.11Is Your AI Operation Achieving Long-Term, Sustainable Growth?
Telecommunications »
05.12Mammary gland receptors indicate other livestock prone to H5N1
05.12Disruption as flights resume at Edinburgh Airport after outage
05.12Martin Lewis on what people misunderstand about credit scores
05.12Martin Lewis on what people misunderstand about credit scores
05.12USMCA hearings highlight deep agricultural divides
05.12Elon Musk's X fined 120m over 'deceptive' blue ticks
05.12EACR Inc Allentown Expands Commercial Solar Panel Recycling Services Across the East Coast
05.12This Week in Waste: Top Stories Dec 1 - Dec 4
More »