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business of robotics, robot news, south korea, korean robotics, robotics in korea

2011 Was A Good Year for Korean Robotics

Posted 07/25/12 at 02:38 PM

... According to Chosun Media, Korea produced $1.87 billion of industrial robots in 2011 and exported $453 million. The remainder was for domestic use.
... Year-over-year production was up 20% and exports were up 120%. Japan received 74% of 2011’s exports while China and the EU got the rest.
... As part of a government-stimulated program, Korea plans to increase robot production to $20 billion by 2018.

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