Korean conglomerate invests in Horizon Robotics

Following an increase in outbound investment from Korea, SK Hynix has targetted a sector that it knows well: the semiconductor industry.

Korean conglomerate invests in Horizon Robotics

Chinese artificial intelligence unicorn Horizon Robotics has closed its Series B fundraising from South Korean conglomerate SK Hynix and several unnamed Chinese car manufacturers. 

SK Hynix, the world’s second largest dynamic random-access memory manufacturer, led the $600 million investment together with its parent company SK Group. It is a strategic investment for SK Hynix that it hopes will create a synergy to build 5G, smart cities and autonomous driving technology in China....

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Print Edition

FinanceAsia Print Edition

EVENTS