Latest Futronic news, funding rounds and robotics & AI coverage. 1 article tracked by The Robotics Media.
Founded in 1993 and headquartered in Busan, South Korea, Futronic designs and manufactures electronic and mechatronic actuators, integrated systems and modules for the global automotive industry. Over three decades it has become a trusted R&D and supply-chain partner to leading OEM platforms, expanding recently into adjacent mobility, industrial robotics and humanoid-robot end markets.
In July 2026 Blackstone agreed to buy a controlling stake in Futronic in a deal valuing the company at about 1 trillion won (~$676M-$720M). Founder and CEO Ko Jin-ho retained a significant stake and remained chairman and chief executive to lead international expansion.