Seoul: Nvidia Corp. Chief Executive Officer (CEO) Jensen Huang said Friday that he views robotics as the next major growth sector in South Korea, adding that the domestic market is well-positioned for growth. Huang, a central figure in the global artificial intelligence (AI) boom, made the remarks after arriving at Gimpo International Airport in western Seoul aboard his private jet for a four-day visit.
According to Yonhap News Agency, Huang emphasized the potential for investment in various sectors within South Korea, particularly highlighting robotics as a key area for future development. He expressed confidence in the Korean market's current performance and its potential for expansion. When questioned about gifts, Huang humorously mentioned that he brought "a lot of business" and hinted at having some surprises in store.
The visit marks Huang's return to South Korea, less than a year after his previous trip in October, which coincided with the Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju. During that visit, Huang garnered attention for his informal gathering with Samsung Electronics Chairman Lee Jae-yong and Hyundai Motor Group Executive Chair Euisun Chung over Korean fried chicken and beer, a popular pairing known as "chimaek."
A highlight of Huang's current visit is an anticipated informal dinner with key figures such as SK Group Chairman Chey Tae-won, LG Group Chairman Koo Kwang-mo, and Naver Chairman Lee Hae-jin. Hyundai Motor Group Executive Chair Chung, originally expected to attend, has since confirmed his absence. The gathering represents a convergence of leading companies across the AI value chain, encompassing sectors like semiconductors, data centers, AI models, software, and robotics.
Huang's agenda also includes discussions with executives from the gaming industry, AI and robotics startups, and academic researchers and students. Industry sources indicate that these engagements aim to explore collaborative opportunities and advancements in robotics technology.
Huang underscored South Korea's role as a global manufacturing hub, envisioning the application of robotics and physical AI technologies within its industries. He announced Nvidia's intention to collaborate with local manufacturing firms, emphasizing the increasing integration of robotics and AI in semiconductor production. Huang noted the promising prospects for partnerships with South Korean semiconductor companies, aligning with the broader trend of technology-driven manufacturing processes.