Samsung launches a CEO-led robotics unit and hires Lee Dong-kun from Hyundai
Samsung Electronics has created a CEO-led robotics division called RX and hired Lee Dong-kun, the former Hyundai Motor Group executive who ran robotics strategy for Boston Dynamics, to lead its strategy team. The move sent Samsung shares up as much as 7.6% and signals a serious push into humanoid robotics against Hyundai and Tesla.