Shares rose more than 10% in early trading on Jan. 15 following news that Doosan Robotics is expanding investment in its intelligent and humanoid robot business.
As of 9:45 a.m. on that day, Doosan Robotics was trading at 53,000 won, up 5,350 won (11.23%) from the previous trading day in the KOSPI market.
The previous day, news that Doosan Robotics would shift its existing hardware-centered business to intelligent robot solutions and engage in research and development (R&D) related to humanoids led to improved buying sentiment.
Earlier, Kim Min-pyo, CEO of Doosan Robotics, noted plans to launch intelligent robot solutions within the year and secure humanoid technology. The company intends to mobilize partnerships and mergers and acquisitions (M&A) to achieve this.
Meanwhile, Doosan Robotics has recorded more than a 29% increase for four consecutive trading days.