Hyosung Establishes AI Convergence Research Institute to Accelerate the Integration of AI into Manufacturing

Hyosung announced that it would establish a company-wide AI Convergence Research Institute on 2026 year 7 month 8 day. From an investor perspective, the point worth noting is the company's statement that the institute will participate in affiliates' new product development and the design of new businesses.

Maeng Seong-hyeon, an emeritus professor at KAIST, was appointed as the inaugural director. Professor Maeng's appointment schedule was disclosed as 7 month 8 day.

Hyosung explained that the mission of the AI Convergence Research Institute is to apply and integrate the latest AI technologies into its existing manufacturing-centered businesses and fully pursue application- and convergence-oriented research and development. The businesses covered include heavy industry, textiles, and chemicals.

The company said it would use AI not merely as a means of improving work efficiency, but as a core growth driver. It disclosed that the institute would lead the development of high-value-added new products and the design and execution of future new businesses.

The company’s explanation also specified that advancing smart factories and establishing an innovation culture at manufacturing sites would be among the institute’s roles. Hyosung said it would pursue AI integration based on its manufacturing competitiveness built up over 60 years.

Hyosung disclosed the launch of the AI Convergence Research Institute and the appointment of its director in 7 month, 8 day. The disclosure did not separately provide the specific budget size or a list of initial research projects.