Companies nurture robots as new growth engines
Major conglomerates view the robot business as a future growth engine. Competition is heating up with the market expected to grow to 177 trillion won ($140 billion) in four years, according to industry officials, Monday. According to market researcher, Brand Essence Market Research and Consulting, the service robot market is expected to expand from $35.24 billion in 2021 to $140.94 billion in 2027. Samsung Electronics, Hyundai Motor Group, and LG Electronics are interested in developing and mark...
Source: koreatimes.co.kr