HD Hyundai Sung Ho Electronics Aims to 5x Operating Profit by 2028… Business Restructuring Based on AI and Robotics

HD Hyundai subsidiary Sung Ho Electronics has set a management goal to increase operating profit fivefold by 2028, leveraging artificial intelligence (AI) and robotics technologies. Sung Ho Electronics, a manufacturer of ship components, is adopting AI as a core technology to reshape its business structure and supplying robots to HD Hyundai Group factories to expand automation synergies.

As a global shortage of ship engines persists, the Korean shipbuilding industry expects to reap windfall profits, with orders pouring in from China as well.

NATO declared a new weapons procurement worth 75 trillion won. The pace of realization for the 15 trillion won European market targeted by the K-defense industry is showing signs of influence.

The National Pension Service reduced its Samsung Electronics stake and bought more SK Hynix on the first day of portfolio rebalancing. Securities firms earned 1.4 trillion won in interest income in an era of 62 trillion won in stock-secured loans. Some skilled individual investors bought Sejin System and sold Hive.