Korea is said to have about 200 robotics companies, which generate US$1.77 billion in revenue, the Korea Herald reports, adding that the ?industry is picking up steam as government-led pilot programs are spurring sales and exports, while carving out new niches.?
Interestingly, government support for the industry is now being focused on areas that include defense, education, agriculture, and medical, ?shifting their focus from manufacturing,? which had been the government?s major emphasis in years past.
One start-up, Curexo, has racked up millions in sales for its robotic surgery devices aimed at artificial joint procedures. Another Korean robotics firm Ilshim Global has sold 20,000 of its window cleaning robots to German and French companies.
Meanwhile, Yujin Robot, Gaha,, and ED are in talks with customers in Denmark, Finland, and New Zealand, ?after demonstrating their products for health care and education services at nursing homes there.?Read More