With major domestic corporations such as Samsung Group and Hyundai Motor speeding up commercialization of Humanoid Robot, shares of domestic robot-related stocks were rising on the morning of the 1st.
As of 9:39 a.m. that day, HL Mando was trading at 51,100 won on the Korea Exchange, up 4,500 won (9.66%) from the previous trading day. Early in the session, the share price climbed to 52,600 won, marking a 1-year high.
At the same time, HIGEN RNM, Rainbow Robotics, and ROBOTIS, which are grouped as robot-related stocks, were also strong.
Earlier, Samsung Group was reported to expand the use of robots and humanoids across all affiliates. In the latest regular executive reshuffle, it assigned personnel in charge of robot artificial intelligence (AI) and platforms, raising expectations for the robot business.
In addition, Hyundai Motor was also said to have deployed Boston Dynamics (BD) Humanoid Robot at its U.S. plant, which is seen as improving investor sentiment toward humanoid robot commercialization.