[Asia Economy Reporter Hyunseok Yoo] Hurim Robot is showing strong performance. It appears to be influenced by the forecast that the global robot market will grow to about 200 trillion won in scale.
As of 9:54 AM on the 14th, Hurim Robot was trading at 1,960 won, up 5.66% (105 won) compared to the previous trading day.
According to Hyundai Motor Group, the global robot market this year is estimated to be around 44.4 billion dollars (49 trillion won). The global robot market was 24.5 billion dollars (about 27 trillion won) in 2017. Based on this year's estimate, the global robot market size has grown at an average annual rate of 22%.
Hyundai Motor Group particularly expects the growth rate to accelerate from this year. It forecasts an average annual growth rate of 32%. It is expected to grow to 177.2 billion dollars (194 trillion won) by 2025.
Hurim Robot produces manufacturing robots such as Cartesian coordinate robots, horizontal multi-joint robots, desktop robots, semiconductor robots, and linear stages. Along with this, it has launched the smart personal robot 'Temi.' Temi is an AI intelligent mobile robot platform developed for personalized services and is an open platform capable of carrying various forms of AI services.
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