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Article: ANALYSIS - INTELLIGENT ROBOTS REPRESENT LUCRATIVE MKT IN S.KOREA.
- Article from:
- AsiaPulse News
- Article date:
- June 23, 2005
CopyrightCOPYRIGHT 2005 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SEOUL, June 23 Asia Pulse - With South Korean robot manufacturers vying to unveil new products in the second half of the year, intelligent robots represent a soon-to-be booming industry that could reach 30 trillion won (US$29.7 billion) by 2013 from the current 300 billion won.
Yujin Robotics is planning to release its ICLEBO Q later this year, a robo-cleaner one step up from predecessor ICLEBO, South Korea's first commercial robot.
Meanwhile, LG Electronics Co. is back in business with its ROBOKING 2, another cleaning robot priced at around 1 million won. The original went on sale two years ago for three times that price before sluggish sales forced LG ...