Found in Robotics News & Content, with a score of 11.75
August 21, 2023
…(exchange-traded fund; Ticker 464310), which began trading on the Korea Exchange (KRX) on Aug. 17. “Artificial intelligence is poised to define this decade,” stated Rahul Sen Sharma, CEO of Indxx. “We are seeing tremendous adoption of robotics and AI exposure.” “The Global Robotics & Artificial Intelligence Index is one of our most popular indices, with Mirae Asset Global Investments launching the ETF tracking this index,” he added. “We are excited to partner with Mirae Asset Global Investments, who recognize the value in providing investors with well-rounded exposure as this technology comes into its own.” Mirae looks to invest in tech-enabled…
Found in Robotics News & Content, with a score of 17.81
August 08, 2023
…tap into their development and manufacturing capabilities. Seoul, South Korea-based Kia has been exploring business opportunities in robotic logistics and automated delivery services, according to the Korea Herald. The automaker also plans to invest 28 trillion won ($21.9 billion U.S.) in air mobility, including electric vertical takeoff and landing (eVTOL) aircraft, leading to mass production by 2028, it reported. “[The plan to unveil a new robot in 2024] is one of the many robotics research and development efforts that Hyundai Motor Group is currently working on,” said a Hyundai Motor Group official. “We are working on developing various types of…
Found in Robotics News & Content, with a score of 6.63
August 06, 2023
…X ISA (Israel) X KENSA (Kenya) X KARI/KASI (South Korea) X NADA (North Korea) X SSAU (Ukraine) X Source: worldpopulationreview Also, most of the efforts in space exploration have come from governments. As of December 2022, only three economies have successfully executed manned space missions, and the U.S. is still the only country to have sent people who walked on the moon. The COVID-19 pandemic led to an unexpected reduction in the budgets allocated by many countries for space programs in 2021, but the reduction wasn’t very significant for any of them. Click on image to enlarge. Source: Euroconsult Still,…
Found in Robotics News & Content, with a score of 20.39
August 03, 2023
…engineeering and IT services provider's office in Pangyo, South Korea. Attendees included Dukkyoon Jung, president of POSCO DX; Jae-ho Suk, head of the logistics automation business at POSCO DX; Romain Moulin, CEO of Exotec; and Ryu Tatewaki, managing director of Exotec Nihon Co. The partnership will focus both on the domestic logistics automation market in Korea as well as the broader regional market. Specifically, POSCO DX will integrate Exotec’s Skypod in upcoming warehouse automation projects. South Korea is the second Asian country, following Japan, to adopt Exotec systems, and the company said it “represents a strategic market.” “Through this partnership,…
Found in Robotics News & Content, with a score of 21.84
July 31, 2023
…respond to the challenge of an aging population. South Korea has one of the world's lowest birth rates, and the average age of its population has increased, leading its central bank to warn of a potential economic slowdown. While debates continue worldwide about demographics and migration, robots are seen as one way to address shrinking working-age populations. A class for seniors with smartphone-controlled robots. Source: SMG Korea reliant on robots South Korea already has the worlds highest “robot density,” with 1,000 robots per 10,000 human workers as of 2021, according to the International Federation of Robotics (IFR). The IFR credited…
Found in Robotics News & Content, with a score of 4.78
July 30, 2023
…assistant professor in the Graduate School of AI at Korea Advanced Institute of Science and Technology (KAIST). “The core bottleneck in such problems is how to determine a high-level task plan such that there exists a low-level motion plan that realizes the high-level plan,” he wrote. “Typically, you have to oscillate between motion and task planning, which causes significant computational inefficiency. Zhutian's work tackles this by using learning to eliminate infeasible task plans, and is a step in a promising direction.” Yang wrote the paper with NVIDIA research scientist Caelan Garrett, SB ’15, MEng ’15, Ph.D. ’21; Tomás Lozano-Pérez and…
Found in Robotics News & Content, with a score of 23.02
July 28, 2023
…robots and elevators. Last year, LG and KT (formerly Korea Telecom) had partnered to develop and launch customer-service robots. Also last year, Hyundai Elevator unveiled an open application programming interface (API) to synchronize elevators with robots, smartphones, home networks, smartphones, and other systems, said the Icheon, South Korea-based company. “We would like to initiate diverse collaborations with system and device enterprises through the launch of our open API,” said Cho Jae-cheon, CEO of Hyundai Elevator, in a press release at the time. “We plan to build a new elevator service ecosystem and expand our platform businesses.” The API can also…
Found in Robotics News & Content, with a score of 10.57
July 27, 2023
…700 global industry leaders. Geek+ has over 1,500 employees, with offices in the U.S., Germany, the U.K., Japan, South Korea, mainland China, the Hong Kong SAR, and Singapore. Its U.S. headquarters is in Carlsbad, Calif.
Found in Robotics News & Content, with a score of 9.08
July 25, 2023
…Practices Award from Frost & Sullivan and the 2022 RBR50 Innovation Award. ForwardX has offices in the U.S., Japan, Korea, and China and global partnerships. The company, which raised $61 million in Series C funding last week, said it is expanding and applying its proven solutions for warehouses and manufacturers worldwide.
Found in Robotics News & Content, with a score of 5.99
July 13, 2023
…in Japan and are looking at Europe and South Korea. Most of our customers are already global entities. ForwardX is working with Walmart China, helping prepare orders for delivery within 42 hours. Post-COVID, we're seeing more “buy online, pick up in store,” shifting distribution. Some operators are looking to turn stores into large warehouses, increasing efficiency without increasing staff. We're expanding in the U.S. to address widespread labor shortages. What mobile robots has ForwardX displayed at recent trade shows? Guan: At ProMat, we showed three types of AMRs. The smaller Flex has capacity up to 661 lb. for piece picking.…
Found in Robotics News & Content, with a score of 8.84
July 08, 2023
…robot density, following Japan, Singapore, and the Republic of Korea. The automotive industry is traditionally the main customer of industrial robots in Germany. 27% of the newly deployed robots were installed in this industry in 2022. This was 7,100 units, down 22% from the previous year – a cyclical investment behavior well known in this segment. In the general industry, the main customer was the metal industry that installed 4,200 units (+20%) in 2022. This is above the pre-pandemic level that fluctuated around 3,500 units per year with a peak level of 3,700 units in 2019. Installations in the plastic…
Found in Robotics News & Content, with a score of 12.43
June 24, 2023
…Indxx US ETF Industry Top 10 Index to South Korea-based Samsung Asset Management. The index will serve as the underlying benchmark for the KODEX US ETF Industry Top10 Indxx ETF, said Indxx. “In recent years, ETFs have been the fastest-growing investment vehicle, and we expect this trend to continue as more investors seek ETFs for their simplicity, cost-effectiveness, and transparency,” said Rahul Sen Sharma, managing partner at Indxx, in a release. “In light of this trend, we are extremely pleased to announce the introduction of an ETF that is the first of its kind in South Korea and gives exposure…
