meta_pixel
Tapesearch Logo
Log in
Forbes Daily Briefing

How South Korea’s Chaebols Are Pushing The Robotics Revolution

Forbes Daily Briefing

Forbes

Careers, Business, News, Entrepreneurship

4.612 Ratings

🗓️ 6 July 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

What began as a $1.1 billion acquisition by Hyundai of Boston Dynamics has grown into a national robotics ambition.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0

Here's your Forbes Daily Briefing for Sunday, July 6th. Today on Forbes, how South Korea's

0:07.6

J-Bels are pushing the robotics revolution. In 2021, Hyundai Motor Company paid $1.1 billion to acquire

0:17.2

80% of robotics pioneer Boston Dynamics, famous for its videos of its dog-shaped

0:22.6

bot named Spot, and its running and jumping humanoid Atlas. The deal initially seemed

0:28.5

more of a headline grab for Hyundai rather than part of a fully baked strategy. That's no longer

0:34.4

the case. Four years later, Hyundai, which had $130 billion in 2024 sales and is number 142 on the

0:43.3

2025 Forbes Global 2000, a ranking of the largest public companies in the world, now represents

0:49.3

the tip of the spear in Korea Inc's thrust into robotics. Hyundai, the world's third largest automaker,

0:57.0

when including its 35% ownership of Kia Corp, has kept developing spot especially for use as a

1:02.8

roving site inspector, and continues to iterate Atlas, with the intention of selling mass-produced

1:08.4

humanoids controlled by AI as soon as 2028.

1:13.4

Hyundai's Robotics Lab has already deployed its ExpoL platform of wearable robotic exoskeletons

1:18.8

for use in factories. Expo's shoulder, launched late last year after trials with 300 workers,

1:25.1

is said to reduce shoulder and deltoid muscle exertions

1:28.7

by more than 30% when lifting heavy objects like car parts.

1:33.3

Its ExpoMex is a more complicated rehabilitation suit that can help people walk again.

1:39.3

Incredibly, these Expoil exoskeletons don't require an outside power source, instead using passive spring-tork

1:46.4

mechanics.

1:48.8

Industrial robots are nothing new to Korea, which already leads the world in density of

1:53.1

robot deployment, with 1,000 bots per 10,000 factory workers, compared to about 300 in the

1:59.2

U.S. and 470 in China. The robotics division of

2:03.5

Dusan, which has $13 billion in sales and is controlled by billionaire Park Jong-wan,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Forbes, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Forbes and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.