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Korean Robotics Stocks Surge on News of Strong Trump Support for Robotics Industry [Market Feature]

At 9:20 a.m. on December 9, in the KOSPI market, Hyundai Autoever shares were trading at 253,000 won, up 13.71% from the previous closing price; HL Mando was up 8.24% at 56,500 won; and Doosan Robotics was up 4.43% at 80,100 won. In the KOSDAQ market, Rainbow Robotics shares were up 6.41% at 473,000 won, HiZen R&M was up 5.30% at 61,600 won, and Angel Robotics was up 2.47% at 33,200 won. This surge appears to be driven by news that the Trump administration in the United States will support the robotics industry next year.


Earlier, on December 3 (local time), U.S. media reported that Secretary of Commerce Howard Lutnick expressed strong support for the development of the robotics industry during a meeting with CEOs of robotics companies. It has been observed that the Donald Trump administration is considering an executive order to accelerate robotics innovation next year, which could include measures to facilitate the manufacturing and sale of robots and to protect U.S. robotics manufacturers from Chinese competition.


As a result, in the U.S. Nasdaq market, Tesla, which manufactures the humanoid robot 'Optimus,' closed at $446.74, up 4.08%, successfully rebounding after three days, while other robotics-related stocks also rose across the board.


Korean Robotics Stocks Surge on News of Strong Trump Support for Robotics Industry [Market Feature]


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