HRG Robotics partners with GJG to expand robot business in China and Korea
Published2018.01.23 11:25MOU supports overseas expansion in biotechnology, hardware and other fields
HIT Robot Group (HRG Robotics) is joining forces with Golden Jumping Group (GJG) to expand its robot business in China and Korea. To this end, it announced that it will cooperate with local governments, research institutes, and universities in China and Korea. According to the executed MOU, the two companies plan to establish a joint venture company in Pohang, Gyeongbuk Province, Korea.
HRG Robotics and GJG representatives signing a memorandum of understanding for further cooperation
Lee Jae-yul, first vice governor of Gyeonggi Province, said, "It is gratifying that HRG Robotics has established a base in Pangyo Techno Valley and will cooperate with Gyeonggi Province-related companies to expand its business in China. If China and Korea cooperate with each other and achieve excellent results in core technology and market expansion, we will be able to lead the 'Fourth Industrial Revolution.'"
Wang Fei, president of HRG Robotics, explained, "Our cooperation with Korean companies reflects our commitment to building an international and innovative entrepreneurial biosphere. By promoting the development of the robot industry, we will realize our vision of 'granting freedom to humanity, serving humanity, and creating a more pleasant life.'"
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