Korea PIM "Entering Humanoid Robot Market... Developing Joint Reducer Components"
Korea PIM, the nation's leading company in MIM (Metal Injection Molding) technology, announced on the 19th that it has begun preliminary development of joint reducer parts applied to humanoid robots. Korea PIM plans to expand the application fields of MIM technology based on its unique titanium-based ultra-precision machining technology.
The parts Korea PIM is developing are brackets applied to the shoulder and arm joints of humanoid robots, serving to fix the reducers. The company plans to develop new products using its proprietary titanium-based MIM technology. Korea PIM has developed its own facilities for titanium production and possesses mass production technology for titanium-applied MIM. It has also completed the commercialization of titanium products through ‘Osstem Implant,’ the number one implant company in Korea.
MIM is a next-generation production technology that enables ultra-precision machining up to 5 μm (micrometers) using various metal materials and allows easy realization of complex shapes. Since it minimizes additional processing, it can be utilized in various industries where ultra-precision parts are applied. Korea PIM has strengthened its technological capabilities by operating a business based on MIM technology for over 20 years and securing global leading companies in the automotive and IT (Information Technology) sectors as clients.
A Korea PIM official stated, “Miniaturization and weight reduction of parts are essential for precise motion implementation and performance improvement of humanoid robots, and titanium-based parts are the most suitable for this purpose. Based on titanium-applied MIM mass production technology, we will develop reducer parts for humanoid robots and diversify the application fields of MIM.”
He added, “As the humanoid robot market grows in earnest, not only the physical property realization of key parts but also mass producibility will become core requirements for supplying products to global companies. Since Korea PIM has developed its own titanium production facilities and already holds commercialization references, it is expected to secure a leading position in the humanoid robot reducer market and strengthen entry barriers through further technological advancement.”
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Korea PIM submitted a securities report on the 14th for its transfer listing to KOSDAQ. After conducting demand forecasting from March 17 to 21 and finalizing the public offering price, Korea PIM will accept subscriptions for two days from March 25 to 26. The company aims to list on KOSDAQ in April, with IBK Investment & Securities as the lead underwriter.
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