Found in Robotics News & Content, with a score of 9.09
…in human-machine interfaces. The event involved experts from South Korea and Europe, as well as U.S. robotics clusters MassRobotics and Silicon Valley Robotics, which co-hosted. The GRC welcomed new member Taipei Computer Association (TCA), and André Montaud, director of the Coboteam Auvergne-Rhône-Alpes robotics cluster, invited attendees to SIDO Lyon, a robotics exhibition in France in September. Democratizing access and revising rehab One of the top goals for researchers and companies developing wearable technologies is to democratize access to systems that can help people with disabilities. Only 5% to 15% of amputees have access to advanced prostheses, said Hamayal Choudhry, founder…
Found in Robotics News & Content, with a score of 8.92
…and additional financial details were not disclosed. Seoul, South Korea-based Hyundai now holds an 80% stake in Boston Dynamics, while Tokyo-based SoftBank retains the remaining 20% through one of its affiliates. Hyundai reportedly spent $880 million on the acquisition. “By acquiring Boston Dynamics and securing a leading presence in the field of robotics, the group takes another major step toward its strategic transformation into a smart mobility solution provider,” stated Hyundai. “To propel this transformation, the group has invested substantially in the development of future technologies, including autonomous driving, artificial intelligence, urban air mobility (UAM), smart factories, and robots.” Boston…
Found in Robotics News & Content, with a score of 14.38
…which claims to be the third-largest congolmerate in South Korea, with more than 120 operating companies. It has developed strategies with global affiliates in logistics and services, energy and chemicals, information and communications technologies, semiconductor and materials, and biological and pharmaceuticals sectors. “Our partnership with Kodiak will help accelerate the commercialization of self-driving trucks in Asia,” said Jungho Shin, executive vice president of SK Inc. “Kodiak's industry-leading technology and SK's unrivaled reach in Korea and across Asia make this a natural partnership. We look forward to working with Kodiak to make autonomous trucking a reality around the globe.” Founded in…
Found in Robotics News & Content, with a score of 12.22
…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 12.05
…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 9.71
…Gyeongbuk Institute of Science and Technology (DGIST) in South Korea investigated a partially compliant robot hand. It uses a rigid link connected to a structure known as a crossed flexural hinge (CFH), which it said could increase the robot's lifting power while minimizing damage in the event of a collision. Generally, a CFH is made of two strips of metal arranged in an X-shape that can flex or bend in one position while remaining rigid in others, without creating friction. “Smart industrial robots and cooperative robots that interact with humans need both resilience and strength,” said Dongwon Yun, who heads…
Found in Robotics News & Content, with a score of 10.36
…R&D programs. The five most advanced robotics countries, South Korea, Japan, Germany, [the] USA, and China follow up a very different strategic focus.” Global robot densities. Source: International Federation of Robotics East Asian governments focus on innovation The “Made in China 2025” plan has promoted since 2015 robotics innovation and usage across industries, particularly in manufacturing and service applications, said the IFR. Beijing has made no secret of its desire to grow from the world's leading manufacturer and user of robots to the world's leading producer. “China wants to cultivate at least three leading enterprises with international competitiveness and create…
Found in Robotics News & Content, with a score of 19.50
…the U.S. Food and Drug Administration. The Seoul, South Korea-based company noted that it is the third license it has acquired, in addition to Korean approval in 2019 and European CE certification last year. CUREXO was founded in 2006 and acquired the assets of U.S.-based ISS in 2007. It claimed to have developed the “world’s first fully automatic surgical robot.” In addition, the company said it took over the healthcare services sector of Hyundai Heavy Industries Co. as part of its efforts to build up its research and development, hire the best researchers in South Korea, and manufacture leading medical…
Found in Robotics News & Content, with a score of 7.61
…and hospitals in countries such as China, Japan, South Korea, Germany, and the U.S. Mech-Mind has more than 350 employees worldwide and said it is committed to helping “clients pioneer the next frontier of manufacturing and democratize access for AI-defined robotics to small, midsize, and large businesses alike.” The recent investment was led by Chinese technology giant Meituan, with participation from existing investors including Sequoia Capital China and Source Code Capital. Mech-Eye Laser designed to work in bright light Industrial 3D cameras play an essential role in modern manufacturing. Yet, when it comes to actual factory and warehouses, ambient light…
Found in Robotics News & Content, with a score of 7.27
…with more than 60 countries such as Japan, South Korea, Singapore, Spain, and Germany. SoftBank leads round SoftBank Ventures Asia led the latest investment round in Youibot. Founded in 2000, SoftBank Ventures Asia is the global early-stage venture arm of SoftBank Group. The firm invests in technology, media, and telecommunications (TMT), including artificial intelligence, semiconductors, software, and consumer brands. SoftBank Ventures Asia has invested in more than 250 companies in 10 countries and regions and has offices in Seoul, San Francisco, Tel Aviv, Beijing, Singapore, and elsewhere. Youibot attracted investor attention because of its “closed-loop solution from hardware products to…
Found in Robotics News & Content, with a score of 8.16
…headquarters is in Nedre Vats, Norway, with offices in Oslo, the U.S., the U.K., Germany, France, Spain, Japan, and Korea.
Found in Robotics News & Content, with a score of 2.36
…in China and other Asian key markets such as Korea and Japan, which came relatively well through the pandemic due to stringent lockdowns from the very start of 2020, the Asia Pacific region is expected to sustain a relatively more stable economic growth than other regions and to keep express growth moving at pace over the forecast period. Europe’s Express market is set to grow faster than pre-pandemic expectations, with a predicted 2020-2024 CAGR of 5.4%. One reason is that Europe, and especially Germany, have undergone a significant push in terms of digitization through the crisis and are expected to…