Robohub.org
 

US$ 316M investment in Korean robotics


by
03 November 2012



share this:

The South Korean government plans to expand the country’s robot industry by more than 10 times over the next decade, the Korean Times reportsUnder the plan, the government will invest 350 billion won (US$316 million) over the next 10 years to develop various technologies and new industrial, as well as commercial robots, such as disaster relief robots and home assistance robots, the Ministry of Knowledge Economy said.
The move will help boost the size of the country’s robot industry from its current value of 2 trillion won to 25 trillion won in 2022, it said. The government also seeks to set up a separate plan for the development of what it called “intelligent robots” before the end of next year.


At the Robot World 2012 in Seoul researchers from the Korean Institute of Science and Technology KIST demonstrated their lastest version of service robot, CIROS. intended to become the homemade of the future. Besides CIROS, the researchers are also developing a bipedal humanoid robot named KIBO, and educational robot ENGKEY designed to teach students English lessons.


Technology giant Samsung has focused on consumer robotics technology in recent years and co-developed humanoid robots with (KIST) since 2004. At IROS 2012 researchers from Samsung Advanced Technology Institute (SAIT) presented a new bipedal humanoid named Roboray, with torque-controlled bipeds, which improves balance, push recovery, and ability to walk on uneven terrain. Check the demo video below.



tags:


Wolfgang Heller

            AUAI is supported by:



Subscribe to Robohub newsletter on substack



Related posts :

#RoboCup2026 – humanoid league knockout stages

  06 Jul 2026
Find out who won the small, middle and large divisions in Incheon.

#RoboCup2026 – humanoid league day 2

  03 Jul 2026
Find out the latest from day two of the competition.

Reflections from ICRA 2026

  02 Jul 2026
From dancing robots to moral machines: our Assistant Editor reflects on ICRA 2026.

#RoboCup2026 – humanoid league day 1

  02 Jul 2026
In the first of our round-ups from the humanoid league we introduce the competition, and report some preliminary results.

What’s coming up at #RoboCup2026?

  29 Jun 2026
Find out what's in store at this year's international competition.

Robot Talk Episode 162 – The robot doctor will see you now

  26 Jun 2026
In this special live recording at the Great Exhibition Road Festival in London, Claire chatted to George Mylonas (Imperial College London), Antonia Tzemanaki (University of Bristol) and Tom Vercauteren (King’s College London) about robotics and AI in medicine and healthcare.

AI brings object-level vision prosthetics closer to reality

  23 Jun 2026
Researchers are developing AI models that could one day enable vision prosthetics able to restore meaningful, object-level sight for the blind.

AURA Foresight Reaches Global XPRIZE Wildfire Finals in Alaska

  19 Jun 2026
One of only four teams remaining from more than 130 competitors worldwide, our team AURA Foresight is developing autonomous technology to stop wildfires before they grow out of control. AURA Foresi...



AUAI is supported by:







Subscribe to Robohub newsletter on substack




 















©2026.05 - Association for the Understanding of Artificial Intelligence