SEOUL, Jan. 24 (Korea Bizwire) — LG Electronics Inc. said Friday it has decided to secure management rights to a California-based artificial intelligence (AI) robotics startup as part of its push to expand its robotics business. At its board of directors meeting, LG Electronics decided to increase its stake in Bear Robotics to 51 percent [...]
SEOUL, Jan. 24 (Korea Bizwire) — Doosan Robotics is rolling out sophisticated food and beverage solutions featuring collaborative robots that can pour beer and mix cocktails, with its latest installations appearing at South Korea’s major airports, the company announced on January 23. The company has deployed its automated beer-dispensing system at the Airbot Bar within the [...]
DAEJEON, Jan. 22 (Korea Bizwire) — The Korea Atomic Energy Research Institute (KAERI) announced on January 21 that it has transferred technology for its ARMstrong high-payload dual-arm robot to Victex, a machinery manufacturing company. The technology transfer agreement includes an upfront payment of 180 million won and a 3% royalty on future sales. Victex, which specializes [...]
SEOUL, Jan. 18 (Korea Bizwire) — As the use of industrial robots grows across South Korean workplaces, so too does the number of related workplace accidents, sparking calls for stronger safety measures. According to the Korea Occupational Safety and Health Agency (KOSHA), industrial robot-related accidents resulted in 10 fatalities between 2020 and August 2024. All victims [...]
DAEJEON, Jan. 16 (Korea Bizwire) — Scientists at the Korea Institute of Geoscience and Mineral Resources (KIGAM) have developed an autonomous robot capable of exploring underground resources without human intervention, the institute announced on January 15. The autonomous underground exploration robot, developed by a research team led by Kang Woong at the Resource Exploration and Development [...]
SEOUL, Jan. 1 (Korea Bizwire) — Samsung Electronics has expanded its stake in robotics company Rainbow Robotics to 35%, becoming its largest shareholder and solidifying its commitment to robotics as a key driver of future growth. The move, announced on December 31, underscores Samsung’s ambition to dominate the global robotics market while integrating advanced automation across [...]
SEOUL, Dec. 31 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it will become the largest shareholder in a South Korean robotics startup, Rainbow Robotics, as part of its push for advancing robotics technologies including humanoid robots. The tech giant increased its stake in Rainbow Robotics to 35 percent by exercising a call option on [...]
SEOUL, Dec. 17 (Korea Bizwire) — South Korea has kicked off the production of the medium-altitude unmanned aerial vehicle (MUAV), the arms procurement agency said Tuesday, in a move to help enhance the military’s surveillance capabilities over North Korea. A ceremony was held in the southeastern port city of Busan to mark the completion of [...]
SEOUL, Dec. 17 (Korea Bizwire) – South Korea’s Ministry of Land, Infrastructure and Transport announced on December 16 that the nation’s drone exports reached 23.2 billion won this year, marking a 62% increase from last year. Drone aircraft dominated exports at 71%, followed by services and software at 16%, and hardware components at 13%. The ministry [...]
DAEJEON, Dec. 12 (Korea Bizwire) – South Korean researchers have developed drone technology capable of conducting search operations in forests and valleys where GPS signals are unavailable, the Electronics and Telecommunications Research Institute (ETRI) announced on December 11. The innovative system applies simultaneous localization and mapping (SLAM) technology – commonly used in autonomous robots – to [...]