Found in Robotics News & Content, with a score of 13.31
July 22, 2021
…applications. Its customers include BMW, Mercedes-Benz, Chattanooga Department of Transportation, and Emart. Seoul Robotics has offices in Seoul, South Korea, as well as Silicon Valley, Munich, and Detroit and is backed by leading global financial institutions. It raised $12 million in a bridge round of investment from the Korea Credit Guarantee Fund earlier this month.
Found in Robotics News & Content, with a score of 12.50
August 17, 2016
…by five countries, with China, Japan, Republic of South Korea, USA, and Germany covering almost 70% of the market. According to the report, China is the main growth driver of this market. According to the report, the major players in the segment are ABB Robotics, KUKA Robotics, Fanuc Corporation, and Yaskawa Motoman Robotics, with 70% of the total global revenue. Other major players include Mitsubishi Electric Co., Kawasaki Heavy Industries and Nachi Robotics. The industrial robots market has applications in almost all types of industry, with automotive, electrical and electronics industries being the major drivers of growth. The report cites…
Found in Robotics News & Content, with a score of 12.48
January 12, 2023
…annual installations of industrial robots—China, Japan, the U.S., South Korea, and Germany, plus the European Union—have very different R&D strategies. Governments drive robotics R&D programs in Asia In China, the 14th Five-Year Plan for Robot Industry Development, released by the Ministry of Industry and Information Technology (MIIT) in Beijing on Dec, 21, 2021, focused on promoting innovation. The goal is to make China a global leader for robot technology and industrial advancement, noted the IFR. Robotics is listed in China's plans for eight key industries for the next five years. In order to implement national science and technology innovation arrangements,…
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…
Found in Robotics News & Content, with a score of 12.33
April 19, 2023
…in E-SERIES stands for Edge, according to Seoul, South Korea-based Doosan Robotics. The company said the robot was designed with food safety in mind and highlighted that the robot features sealed gaps between the cobot's connecting axes. The company added the E-SERIES is easy to install and fits seamlessly into workspaces. The robots have a 5kg (11 lb.) payload capacity and a reach of nearly 91 cm (3 ft). “Our E-SERIES cobots were specifically created to help transform the food and beverage industry, providing immediate solutions to labor shortages and improving work efficiencies. Based on this momentum, we will continue…
Found in Robotics News & Content, with a score of 12.22
June 02, 2021
…which claims to be the third-largest conglomerate in South Korea. The company offers IT, systems integration, and maintenance and repair services to industries including logistics, energy and chemicals, and the public sector. San Jose, Calif.-based BriteLab was founded in 2007 as a contract manufacturer supporting the automotive, biosciences, robotics, and e-mobility industries. In addition to its contract engineering (CE) and contract manufacturing (CM) business, BriteLab offers its own OEM automated material handling system (AMHS) systems to semiconductor makers around the world. BriteLab is a subsidiary company of PHC, a multinational Tier 1 automotive parts manufacturer in Daegu, South Korea. Joint…
Found in Robotics News & Content, with a score of 12.16
January 08, 2022
…Cavalier Autonomous Racing* — University of Virginia KAIST — Korea Advanced Institute of Science and Technology (South Korea) MIT-PITT-RW* — Massachusetts Institute of Technology, University of Pittsburgh (Pennsylvania), Rochester Institute of Technology (New York), and University of Waterloo (Ontario, Canada) PoliMOVE — Politecnico di Milano (Italy), University of Alabama TII EuroRacing - University of Modena and Reggio Emilia (Italy), Technology Innovation Institute (United Arab Emirates) TUM Autonomous Motorsport - Technische Universität München (Germany) *Did not advance to Friday’s final competition. Autonomous cars vie for historic win Karen Chupka, executive vice president of CES at the Consumer Technology Association, officially started…
Found in Robotics News & Content, with a score of 12.05
June 01, 2021
…tied to manufacturing. It is not surprising that South Korea has one of the highest densities of robots to employees in the world, according to the International Federation of Robotics (IFR). For Germany, manufacturing made up over 19% of the economy. For the U.S., though, only 11.39% of economic output in 2019 was linked to manufacturing. So what is the relationship between South Korea's use of robotics and its large manufacturing sector? It is complex, but it does show what could be in the future for the U.S. In 2020, South Korea crossed 300,000 industrial robots installed, which was double…
Found in Robotics News & Content, with a score of 11.93
October 12, 2022
…Air-Oil to customers across each respective region. Suwon South Korea Doosan’s new collaboration with Air-Oil Systems significantly impacts the company’s customer reach and distribution potential within the U.S. market for its full lineup of robots, it said. This follows significant regional milestones recently achieved by Doosan Robotics, including the announcement of its American expansion, and opening of its Plano, Texas headquarters during this year’s Automate Show. Building off a successful year Alex Lee, general manager at Doosan Robotics Americas, said “Air-Oil has evolved over their long history as a distributor. As they continue to grow and expand their expertise in…
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 11.30
May 24, 2023
…a U.S. branch in Schaumburg, Ill., in April, South Korea-based Rainbow Robotics is show five models of its RB Cobot Series at Automate this week. Rainbow Robotics said its RB series of cobots are made up of actuators, encoders, brakes, and controllers, all of which the company has developed by itself. As a result, the company claimed it has been able to cut the production cost by approximately 50% and gain a significant price advantage over its competitors. The company has been gearing up to expand its presence in North America for quite some time, and said it recently obtained…
Found in Robotics News & Content, with a score of 11.29
October 22, 2021
…Las Vegas Cyberselves, Sheffield, U.K. Team SNU, Seoul, South Korea Pollen Robotics, Bordeaux, France Last Mile, Osaka, Japan Team UNIST, Ulsan, South Korea Inbiodroid, Irapuato, Mexico Rezilient, St. Louis Touchlab, Edinburgh, U.K. AvaDynamics, Pittsburgh “We've had quite a few pieces come together,” Shayne Shaw, robotics engineer at Touchlab Ltd., told Robotics 24/7. “We've seen some of what others are doing, but we've been mostly heads down. Because of the pandemic, some teams dropped out, including a strong Tokyo-based team. It would have been great to compete against them.” “I'm proud of the accomplishments of our international and interdisciplinary team,” said…
