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2011 was a good year for Korean robotics

July 25, 2012

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.

Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series... read more


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