Korean Robotics
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Lightweight cobots with higher payload fuel robot arms rivalry
in News
Universal Robots’ cobot UR30 (Screenshot captured from Universal Robots website) Denmark-based Universal Robots’ release of the world’s slimmest collaborative robot…
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Hyundai E&C, Surbana Jurong to team up on power projects
From left: Yoon Young-Joon, Hyundai E&C CEO; Ahn Duk-geun, Korean Minister of Trade, Industry and Energy; Tan See Leng, Second…
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LG Electronics doubles down on B2B business
LG MAGNIT Micro LED display (Courtesy of LG Electronics) LG Electronics Inc., a leading South Korean home appliance maker seeking…
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Hyundai Motor Group expands R&D partnership with Singapore
Hyundai Engineering & Construction President & CEO Yoon Young-Joon (from left), Hyundai Motor Co. President & CEO Chang Jae-hoon, Minister…
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HL to acquire French parking robot firm Stanley Robotics for $24 million
Stan, valet parking robot by Stanley Robotics (Courtesy of Stanley Robotics) HL Group, the construction-to-auto parts conglomerate in South Korea,…
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Hyundai Motor Group, D.Camp to host startup demo day
Hyundai Motor Group’s open innovation platform ZER01NE said on Tuesday it partnered with startup accelerator D.Camp in collaboration with 19…
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LG Energy to more than double sales to $50 bn by 2028
Kim Dong-myung, LG Energy Solution CEO, unveils the company’s long-term business goal on Oct. 7, 2024 in Seoul (Courtesy of…
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Hyundai Mobis to mass-produce parts to double EV charging speed
Hyundai Mobis showcases its technologies at its research and development (R&D) center in Uiwang, Gyeonggi Province (Courtesy of Hyundai Mobis)…
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CJ Logistics, Aidin Robotics to co-develop logistics robots
South Korea’s CJ Logistics and Aidin Robotics recently signed a memorandum of understanding to co-develop and commercialize logistics robots. Under…
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Korea’s AI, robot startups shine despite funding drought
A humanoid robot provides information to a visitor for at a technology event in Seoul on June 19, 2024 (File…
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Hoban partners with Kakao, Bear Robotics for robot-based services
Hoban Construction Ltd. announced on Friday that it has signed a business agreement (MOU) with Kakao Mobility and Bear Robotics…
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Doosan Bobcat scraps merger with Doosan Robotics
Doosan Group on Thursday scrapped a merger between heavy machinery maker Doosan Bobcat Inc. and collaborative robot manufacturer Doosan Robotics…
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Korea’s KEDI-based ETFs boom; net assets double in 2 months
KEDI-based ETFs are booming in growing popularity (Courtesy of Getty Images) South Korean exchange-traded funds (ETFs) that track KEDI, a…
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Korea’s Investment forum KIW 2024 to kick off September 9
Korea Investment Week 2023 South Korea’s largest investment forum Korea Investment Week 2024 (KIW 2024) will kick off next month…
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Korean e-commerce startup funding sharply drops since 2022
Cardboard boxes of online shopping concept (Courtesy of Getty Images) South Korean e-commerce companies have seen a sharp decline in…
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Doosan Robotics, Bobcat ordered to clarify merger deal
Doosan’s chicken-frying robot performs its task at a high school (Courtesy of Doosan Robotics) South Korean regulators have ordered Doosan…
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Nongshim to build smart farm in Saudi Arabia
South Korea’s food and beverage giant Nongshim Co. announced on Tuesday that it was selected as a participant in the…
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Samsung Elec calls for C-Lab Outside applications
Samsung Electronics Co. announced on Monday that it will enlist startups to participate in its external startup incubation program C-Lab…
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Doosan Robotics, Bobcat merger prompts call for law revision
Doosan Group headquarters in Bundang, Gyeonggi Province Doosan Group’s announcement of a merger between Doosan Robotics Inc. and Doosan Bobcat…
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Doosan Robotics to merge with Doosan Bobcat by early 2025
Doosan Robotics Inc. will complete a merger with Doosan Bobcat Inc. by early next year, a move aimed at leading…
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Lotte leader Shin Dong-bin stresses pivot to AI-centered innovation
Lotte Group Chairman Shin Dong-bin (left) at the 2024 Lotte Investment Showcase, a gathering of in-house and independent startups Shin…
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S.Korea’s early-stage VC funding down amid dearth of targets
A rendering image of the Seoul Unicorn Startup Hub facility to be built in Seongsu-dong by around 2030 Early-stage startup…
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POSCO DX to focus on AI-led intelligent factory systems
An unmanned steel mill crane is moving steel coils at a POSCO steel plant POSCO DX Co., an IT service…
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Hyundai to unveil wearable device for car manufacturing
An engineer in a vest-type wearable robot works at a car manufacturing plant (File photo by Hyundai Motor Group) Hyundai…
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NPS commits $723 mn to MBK, 3 other managers for Korean PEs
National Pension Service’s headquarters in Jeonju, North Jeolla Province in Korea (Courtesy of NPS) South Korea’s National Pension Service (NPS),…
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Doosan Robotics to delist, wholly own cash-cow Doosan Bobcat
Doosan Group Chairman Park Jung-won (center) visits Doosan Robotics’ booth during the CES 2024 event in January Doosan Enerbility Co.,…
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Korea’s LG Uplus aims for $1.4 bn in B2B AI sales by 2028
LG Uplus corporate division head Kwon Yong-hyun explains about B2B AI services on July 2 (Courtesy of LG) South Korea’s…
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KB Securities downgrades LIG Nex1’s investment opinion
KB Securities Co. on Tuesday raised the target price for LIG Nex1 Co. from 195,000 won ($140.4) to 200,000 won…
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Doosan emerges as darling in Korea’s BBB bond market
Doosan Co. is poised to raise up to 80 billion won ($58 million) in bond sales this week following its…
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LG Chairman Koo to embark on US trip to oversee battery, AI projects
LG Group Chairman Koo Kwang-mo Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, will embark on a weeklong business…
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Korea’s KDB widens gap in VC fundraising in H1; NPS to fund in July
Korea Development Bank in Seoul (Courtesy of KDB) Capital commitment of state-run Korea Development Bank (KDB) has widened the gap…
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Sampyo Group enters automated robotic parking business
South Korea’s SP&Mobility, a robotics unit of Sampyo Group, unveiled its MPSystem on Monday, an automated robotic parking system designed…
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SK On invests in Yuilrobotics for its US battery plants
Yuilrobotics’ robot products (Courtesy of Yuilrobotics) SK On Co., the world’s fifth-largest electric vehicle battery producer, is slated to invest…
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SK Innovation’s Ulsan plant goes smarter with AI, robot dog, AR tech
Boston Dynamics’ robot dog Spot patrols to check operation safety at SK Innovation’s Ulsan Complex (CLX) ULSAN, South Gyeongsang Province…
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DeepX attracts $80 mn new investment
DeepX, South Korea’s homegrown neural network and AI chip developer, announced on Friday that it finalized attracting an investment of…
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Overhang concern looms over HD Hyundai Marine IPO shares
HD Hyundai Marine Solution’s digital control center (Courtesy of HD Hyundai Marine) Concerns are growing that South Korea’s main stock…
