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In 50 Words: South Korea’s domestic robot industry threatened by cheap Chinese imports
The use of cheap robotic waiters from China is causing concern in South Korea regarding its impact on the nation’s own domestic robotics industry. Despite drinking and dining establishments preferring such “touchless service” due to Covid-19, domestic companies worry that government incentives are not enough to encourage the use of homegrown technology, potentially stifling development. It’s predicted that service robot sales in South Korea could reach US$1 billion by 2026.
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