[Market Focus] Benefits from Saemangeum Investment... Hyundai Wia Up 8%

Following news of a large-scale investment, shares of Hyundai Wia jumped by 8%.

As of 10:01 a.m. on March 3, 2026, Hyundai Wia was trading at 1,094,000 won, up 8.00% (81,000 won) from the previous trading day.

On this day, Daol Investment & Securities maintained its "Buy" investment opinion on Hyundai Wia and raised its target price from 850,000 won to 1,400,000 won.

Wooong Yoo, a researcher at Daol Investment & Securities, explained, "The momentum for expanding the robotics business is expected to increase as Hyundai Motor Group confirms its investment in the Saemangeum area," adding, "The scale of this investment is around 9 trillion won."

He continued, "This investment includes 5.8 trillion won for an artificial intelligence (AI) data center and 400 billion won for a robotics manufacturing cluster," and added, "Hyundai Wia's collaborative robots may be deployed at the robotics manufacturing sites, which will be recognized as a growth driver."

Researcher Yoo further noted, "Hyundai Wia is engaged in the robotics business to supply to group affiliates. With sales of 50 billion won last year and the potential benefit from the Saemangeum investment, the outlook is positive," adding, "The company offers logistics robots, parking robots, and collaborative robots, and with Hyundai Motor Group's large-scale investment in production facilities, further business expansion is possible."

This content was produced with the assistance of AI translation services.