SEOUL, Jan. 16 (Korea Bizwire) — South Korea’s industry ministry unveiled a plan Tuesday to invest 3 trillion won (US$2.26 billion) in the robot sector with private businesses by 2030, with a goal of supplying 1 million robots to local industries. The plan for intelligence robots will focus on securing 80 percent of key robot [...]
SEOUL, Mar. 22 (Korea Bizwire) — South Korea rolled out a blueprint to foster its robotics industry on Friday with the aim of becoming one of the world’s top four players in the sector, with a market size reaching 15 trillion won (US$13.2 billion) in 2023. Under the plan, South Korea is expected to have [...]
SEOUL, Sept. 6 (Korea Bizwire) — Heavy machinery and power equipment conglomerate Doosan Group said Wednesday that it is planning to enter the so-called collaborative robot market soon with a plan to start selling such robots next year. Doosan set up a robot-developing unit in 2015, which recently showcased four collaborative robot models. Rather than [...]
SEOUL, Aug. 21 (Korea Bizwire) – Despite boasting the highest number of industrial robots per worker, South Korea is lagging far behind the U.S., Europe and Japan when it comes to technology in robot manufacturing, according to a new report. The report on the global robotics industry released by the Bank of Korea on Sunday says [...]