The Korea Institute for Robot Industry Advancement (KIRIA) announced on Nov. 12 that it launched the Korea Robot Center (KRC) in Hangzhou, China on Nov. 9 to support Korean robot companies that have advanced into the Chinese market.
The Korea Robot Center is a business support center set up jointly by Korea’s Ministry of Trade, Industry and Energy and KIRIA at the robot town of Xiaoshan in Hangzhou, in order to support the export activities of Korean robot companies in China.
Seventeen robot companies including Ajinextec and Neuromeka participate in the center, which provides them with local offices, meeting spaces for buyers, and product display spaces. They are planning to set up a joint after-sales service center in the future.
"China is the world's largest market for robots that account for more than 40 percent of the total exports of Korean robot companies," said KIRIA president Moon Jeon-il. “Korean companies that seek to penetrate the Chinese market will use the KRC as their office and an exhibition space for their products.”