South Korea’s KT to buy stake in Hyundai Heavy’s robotics unit
South Korean carrier KT plans to acquire a 10% stake in a robotics unit of compatriot shipbuilding giant Hyundai Heavy Industries Group to enhance its competitiveness in smart factory and robot solutions, Korean news agency Yonhap reported. KT said it will acquire the stake in Hyundai Robotics Co. for a total of KRW 50…