Hyundai Heavy Industries Completes Largest Industrial Robot Exports to Kia Motors

South Korea's Hyundai Heavy Industries has completed the setup of 324 robots and automobile production facilities for the Slovakian subsidiary of Kia Motors, the nation's second-largest car manufacturer. This achievement comes as the two companies inked a deal in January last year to build the automatic production lines in the European country for US$30 million. Hyundai Heavy Industries, the world's No. 1 shipbuilder, is also a leading robot manufacturer in South Korea, having churned out around 10,000 units since its first robot products were released in 1986.

Key Takeaways:

Hyundai Heavy Industries has completed setting up 324 robots and automobile production facilities for Kia Motors' Slovakian subsidiary.
The completion of production lines in Slovakia is the largest industrial robot exports for Hyundai Heavy Industries, valued at US$30 million.
The company has exported robots to Europe, China, India, and the United States, including the HX200 and HX165 models.
Hyundai Heavy Industries is the world's No. 1 shipbuilder and a leading robot manufacturer in South Korea, accounting for 40% of the market.
The company is in talks with automakers to build assembly plants in Europe and North America, although no further details were provided.
Hyundai Heavy Industries has been producing robots since 1986, with a total of around 10,000 units produced.

Statistics:

US$30 million: the value of the largest industrial robot exports to Kia Motors' Slovakian subsidiary.
324: the number of robots set up by Hyundai Heavy Industries for Kia Motors' Slovakian subsidiary.
10,000: the total number of robot units produced by Hyundai Heavy Industries since 1986.
40%: the market share held by Hyundai Heavy Industries in South Korea's robot manufacturing industry.

Sources:

Yap, A. (September 12, Asia Pulse) "Hyundai Heavy Industries Completes Setting Up 324 Robots for Kia Motors"
(Yonhap) 12-09 1301