Article: SEOUL TO DEVELOP ADVANCED MEDICAL, SURVEILLANCE ROBOTS.

SEOUL, July 27 Asia Pulse - The South Korean government said Monday it will spend 10 billion won (US$8 million) in the next year to develop technologies for advanced medical and surveillance robots in a bid to help South Korean firms capitalize on growing demand in the two sectors.

The research and development fund will be provided to both Curexo Inc. and Samsung Techwin Co. (KSE:012450) in an effort to help the country cut back on imports and lay the foundation for inroads into the broader overseas market, the Ministry of Knowledge Economy said.

Curexo will be charged with developing a medical robot that specializes in artificial joint surgery, while ...

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