Daishin Securities Co., Ltd 003540

Robert Playter, chief executive ‌of Hyundai Motor Group's robot affiliate ‌Boston Dynamics is stepping down, the Waltham, Massachusetts-based company said ​on its X account. Shares of Hyundai Motor rallied 5.9% in Seoul trading on Wednesday as the leadership change spurred market expectation that ‌the automaker intends ⁠to accelerate commercialisation of its robot business. "The stock appeared to have ⁠risen because of the news about the resignation of the CEO," said James Hong, Seoul-based ​analyst at ​Macquarie, adding that ​Playter's team had ‌been "R&D-oriented" for robot development.