Business · Companies · 9 hrs ago

Samsung hosts Hyundai executives to expand cooperation beyond auto parts

Samsung hosts Hyundai executives to expand cooperation beyond auto parts

Samsung hosted a large networking event for Hyundai Motor Group executives at its training center in Yongin, south of Seoul.

The event brought together 177 participants, including executives and senior officials from both groups and their spouses.

The gathering was the first time Samsung had hosted an event of this scale for executives from another major South Korean business group.

The companies are looking to expand cooperation beyond automotive components into robotics, energy and physical artificial intelligence, which refers to AI used in the physical world.

Samsung and Hyundai have been trusted business partners, and their leaders said their capabilities could be combined to create new value.

No further steps or plans were announced in the information provided.

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Jun Young-hyunSamsung vice chairman and head of its semiconductor business
Hyundai Motor Group and Samsung have been trusted partners, jointly writing the history of South Korea's industry.
via Yonhap
I hope Hyundai Motor Group's innovative vision for leading future mobility and Samsung Group's technological capabilities spanning components to finished products will come together to create new value and unlock limitless possibilities,
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