Has South Korea Designated Robotics as a National Strategic Technology?

Synopsis
In a significant move, South Korea has added robotics and defense technologies to its list of national strategic technologies. This strategic decision aims to transform these sectors into key economic growth engines, with plans for extensive government support and development initiatives.
Key Takeaways
- South Korea adds robotics and defense technologies to its strategic technology list.
- Total strategic technologies now number 19.
- Government aims to integrate AI with robotics by 2027.
- Support measures include tax incentives and specialized education.
- Doosan Robotics reports significant financial losses.
Seoul, May 12 (NationPress) South Korea has officially included robotics and defense technologies in its roster of advanced technologies aimed at fostering strategic development as new drivers of economic growth, as announced by the Ministry of Trade, Industry and Energy on Monday.
The ministry's official gazette revealed the addition of these two technologies, increasing the total count of national strategic technologies to 19.
Prior to this update, the list featured eight semiconductor-related technologies, four associated with displays, three involving rechargeable batteries, and two in biotechnology, according to a report from Yonhap news agency.
Within the robotics field, the government has focused on the design, manufacturing, and processing technologies for humanoid robots that can travel at speeds of at least 3.3 meters per second while carrying loads exceeding 20 kilograms.
Last year, plans were unveiled to merge artificial intelligence (AI) with robotics to elevate Korean humanoid robot technologies to global top-tier status by 2027.
In the realm of defense, core technologies for materials and components essential for advanced aircraft engines with a thrust of 15,000 pounds-force or higher have been newly recognized as strategic.
These advanced engines are pivotal for the development of next-generation fighter jets and unmanned aerial vehicles.
"To foster the growth of these technologies, the government intends to offer extensive support, including the creation of specialized graduate schools, tax incentives for investment, and the development of requisite infrastructure," stated a ministry official.
Meanwhile, Doosan Robotics reported a first-quarter net loss of 9.4 billion won (US$6.8 million), continuing to operate in the red compared to the previous year.
The company disclosed in a regulatory filing that it sustained an operating loss of 12.1 billion won for the January-March period, an increase from a loss of 6.9 billion won a year prior. Revenue declined by 51.5 percent to 5.3 billion won.