• 2026.06.05 (Fri)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Industry

Universal Robots Doubles Down on South Korea Investment

ONLINE TEAM / Updated : 2024-12-02 07:10:58
  • -
  • +
  • Print


Universal Robots, the Danish pioneer of collaborative robots, is set to further solidify its footprint in South Korea. Kim Povlsen, the company's CEO, announced during a press conference in Seoul that Universal Robots will be opening its first service and repair center in the country during the first half of next year.

Since entering the South Korean market in 2016, Universal Robots has witnessed significant growth. The company has sold over 90,000 collaborative robots globally, capturing the largest market share. The decision to establish a service center in South Korea, following successful ventures in Denmark, the United States, China, Mexico, and India, underscores the region's strategic importance.

Povlsen highlighted South Korea's pivotal role in Universal Robots' global strategy, emphasizing the country's potential to leverage collaborative robots to address challenges such as an aging population and labor shortages. "South Korea is a vital market for Universal Robots," he said. "We are committed to supporting South Korean industries in adopting collaborative robotics to enhance productivity and competitiveness."

South Korea is a robotics powerhouse, ranking fourth globally in terms of industrial robot installations and collaborative robot sales. The country's manufacturing sector, particularly in automotive, shipbuilding, semiconductors, machinery, and secondary batteries, has been a key focus for Universal Robots. Povlsen recently visited HD Hyundai Heavy Industries in Yeongam to inspect the company's use of Universal Robots' collaborative robots for welding automation.

A significant highlight of the press conference was the introduction of the UR AI Accelerator, a joint development with NVIDIA. This innovative hardware and software tool enables users to easily integrate AI capabilities into collaborative robots. "Universal Robots is more than just a hardware provider," Povlsen stated. "We are a platform company offering comprehensive solutions, from hardware and software to education and training. We are committed to driving the future of collaborative robotics and supporting South Korean businesses on their automation journey."

With the opening of a new service center and the introduction of cutting-edge AI technology, Universal Robots is signaling its long-term commitment to the South Korean market. As the country continues to embrace automation, Universal Robots is poised to play a pivotal role in shaping the future of manufacturing.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #koyongchul
  • #cherrylee
  • #seoulkorea
  • #periodicoeconomico
  • #글로벌이코노믹타임즈
  • #GET
  • #GETtv
  • #liderdel
ONLINE TEAM
ONLINE TEAM
Reporter Page

Popular articles

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065564617522246 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Nvidia CEO Jensen Huang to Arrive in South Korea for "Sam-So" Meeting with Tech Tycoons
  • Samsung Electronics Super-Enterprise Union Loses Majority Status Amid Backlash Over Bonus Disparities
  • Samsung to Embed Vital Signs and Heart Health Scores in Upcoming Galaxy Watch9 Lineup
  • Apple Honors Digital Excellence: 12 Exceptional Apps and Games Celebrated at the 2026 Design Awards
  • Nexon Revamps Signature Youth Coding Competition into AI-Driven 'Nexon Young Programmers Cup'
  • Tech University of Korea Gathers 200 Game and AI Researchers to Discuss Industrial Expansion

Most Viewed

1
From a moment of collective sacrifice to a moment of collective democracy: The Timing of the Election in Ethiopia and Korea
2
U.S. Holds Off on Immediate Comprehensive Semiconductor Tariffs, but Pressure Mounts for Samsung and SK Hynix to Accelerate Domestic Investments
3
[Interview] "Halal is Not a Religious Regulation, but a 'Trust Infrastructure'… Creating a Premium 'K-Halal' Centered on Data and Platforms"
4
‘600 Million Won Bonus’ at Samsung Electronics Triggers Deep Sense of Relative Deprivation Among Korean Workers
5
Musk’s SpaceX Secures Space Hegemony with Flawless Starship V3 Recovery Ahead of Historic IPO
광고문의
임시1
임시3
임시2

Hot Issue

Murata Unveils Next-Gen Resin Electrode MLCC for Automotive Applications

Samsung to Embed Vital Signs and Heart Health Scores in Upcoming Galaxy Watch9 Lineup

L&F Plus Secures KRW 220 Billion from National Growth Fund to Anchor South Korea’s First Mass LFP Cathode Production

Samsung Electronics Super-Enterprise Union Loses Majority Status Amid Backlash Over Bonus Disparities

Fashion Runway Show 2026

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 반달곰 프로젝트
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers