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ASEAN-Korean robot companies to explore greater partnership as COVID-19 ushers into contactless society

No.PR/20-16Date27 September 2020
ContactProgram Inquiries: Lee Eun-young, Program Officer, TIU (02-2287-1124, eylee@aseankorea.org)
Press Inquiries: Hwang Jiseon, Senior Officer, IDU (+82-2-2287-1149, hjs@aseankorea.org)
ASEAN-Korea Centre is an International Organization mandated to promote economic and socio-cultural cooperation between ASEAN Member States and Korea.

ASEAN-Korean robot companies to explore greater partnership as COVID-19 ushers into contactless society

- ‘ASEAN-Korea Online Robotics Partnering Program’ to be held in conjunction with ‘Robot World 2020’ on Oct. 28-31 -
- Robotics and automation companies from 7 ASEAN countries to conduct online meetings with potential Korean partners -

Seoul, Korea - The ASEAN Korea Centre will organize the ‘ASEAN-Korea Online Robotics Partnering Program’ with Korea Association of Robot Industry (KAR) on 28-31 October, in conjunction with the largest robot exhibition in Korea, “Robot World 2020”. Businesses in the robot and automation industries from 7 ASEAN Member States ? Brunei, Cambodia, Indonesia, Malaysia, Myanmar, Singapore, and Thailand ? will seek business cooperation with Korean and global counterparts through online business meetings.

The ASEAN companies participating in the program are from diverse backgrounds such as service robots, educational robots, ICT solutions, and automation systems. While the majority of participants are from Singapore, which boasts highest robot density globally, many participating companies are also from emerging players in the region, such as Indonesia, Malaysia, Thailand, and Myanmar, and demonstrated region-wide interests in cooperating with Korean robot companies.

Lee Hyuk, Secretary General of the ASEAN-Korea Centre, noted that “With the advent of the Fourth Industrial Revolution, there has been an increasing amount of interest in adopting the robots to various industrial sectors over the past few years. The COVID-19 Pandemic, ushering the world into a contactless society, is further boosting demands for robotics and automation, particularly in the medical and service sectors. In line with this global trend, ASEAN countries are fostering robot and innovative industries, while Korea is emphasizing the development of service robots to balance the country’s ecosystem that heavily focuses on industrial robots. I hope this program will provide a meaningful platform both for ASEAN, of which the robot market is projected to grow by 20-25% by 2021, and Korea, which has the world’s fifth largest robot market, to create new business opportunities in the sector.”

The ASEAN-Korea Centre, based on the demands from ASEAN for cooperation in high-tech industrial segments, has provided a platform to facilitate business exchanges and cooperation between ASEAN and Korea in the robot industry. In 2019, the first-ever ‘ASEAN-Korea Robot Business Forum and Business Meeting’ was held, in conjunction with ROBOT WORLD, where 32 robot and automation-related companies were invited from 8 ASEAN countries. As a result, 86 business meetings took place and a Memorandum of Understanding (MoU) was signed between a Korean and a Vietnamese automation company.

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