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HD Hyundai Robotics Co. is preparing for a potential IPO in South Korea, having enlisted UBS Group AG and other firms to assist with the listing. The company, which specializes in industrial robots and aims to develop AI humanoid robots, recently raised 180 billion won to bolster its AI capabilities. The South Korean IPO market has shown strong momentum, raising $3.4 billion in 2025, driven by the performance of AI and defense stocks.