Market Chatter: HD Hyundai Construction Unveils Smart Factory in Ulsan; Shares Decline 3%

MT Newswires Live

2025/05/22

HD Hyundai Construction Equipment (KRX:267270) completed the transformation of its Ulsan plant into a smart factory, aiming to boost annual output by 56% to 15,000 units, Pulse News reported Wednesday.

The company expects a 20% rise in labor productivity and a 35% decline in production lead time after the transformation, the report said.

Shares of HD Hyundai Construction Equipment fell more than 3% in recent trade on Thursday.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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