Via: The Korea Herald:
South Korea’s government said Monday that it will join forces with Samsung Electronics Co. to develop precision manufacturing robots that could open new horizons for the local manufacturing sector.
The plan calls for 16.75 billion won ($14.8 million) worth of taxpayers’ money to be invested in the next three years to develop key components that can allow more robotic parts to be made in the country and lower overall prices of industrial machines, the Ministry of Trade, Industry and Energy said.
Developed robots can be used to make small products like mobile phones and consumer electronic products that require a high degree of precision, it said, adding all technology developed will be used to assist small and medium-sized robotics companies.
“Emphasis will be placed on developing precision speed reducers, motors, controllers and sensor encoders that are currently expensive and imported from abroad,” it said.
“Development of these parts should be completed by late 2018.”
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