Hanwha Co., Ltd. and Korea Polytechnics VII College Join Forces to Advance Collaborative Robots
[Asia Economy Reporter Hwang Yoon-joo] Hanwha Corporation's Machinery Division announced on the 18th that it has signed a business agreement in the field of collaborative robots with the Korea Polytechnic VII University Changwon Campus and the Korea Polytechnic University Gyeongnam Campus.
Through this agreement, Hanwha Corporation and Korea Polytechnic University will work together on ▲building educational infrastructure utilizing Hanwha Collaborative Robot (HCR) ▲discovering industry-academia cooperation programs ▲collaborating on employment for outstanding students ▲supporting robot technology exchange meetings and seminars.
Both parties plan to expand their collaboration nationwide, starting from the Changwon and Gyeongnam regions, which lead the domestic robot and smart factory industries. Through this, they expect to promote the development of collaborative robot technology among students using HCR products in practical education environments and contribute to revitalizing the robot industry in each region.
Hanwha Corporation has developed advanced collaborative robots integrating AI and mobility technologies, and earlier this year launched a new collaborative robot product, the HCR Advanced model. Starting from Korea, China, and Southeast Asia in the early stages of the business, it is now recognized in the United States and Europe, the home markets of collaborative robots, and has secured a global network of over 40 locations.
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Meanwhile, the global collaborative robot market is rapidly growing due to the expansion of smart factories and increased demand for non-face-to-face services caused by COVID-19. The market size, which was $981 million (approximately 1.0963 trillion KRW) last year, is expected to reach $7.972 billion (approximately 8.9087 trillion KRW) by 2026.
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