Korea to spend $1.66 bil. won through 2030 on full-stack humanoid development
Korea plans to spend 2.3 trillion won ($1.66 billion) through 2030 to support the domestic development of full-stack humanoid robots amid intensifying global competition driven by the artificial intelligence (AI) boom. The Ministry of Planning and Budget unveiled the plan ahead of the government's announcement of next year's budget, as the global AI market shifts toward physical AI and humanoid…
South Korea intends to invest 2.3 trillion won, equivalent to $1.66 billion, in the development of full-stack humanoid robots by 2030. This initiative comes as the nation faces intensifying global competition spurred by the AI boom. The Ministry of Planning and Budget unveiled this plan prior to the government's announcement of the upcoming budget for the following year. The global AI market is now transitioning towards physical AI and humanoid robots.
The government's initial budget allocation for 2024 is projected to be 600 billion won. By 2025, the aim is to establish mass-production systems for humanoid robots designed for 10 key industries. The localization rate of essential components is set to increase from the current 45 percent to 80 percent.
In 2027, the government plans to acquire 250 domestically developed humanoid robots, with a total of 1,080 expected by 2030. These robots will be distributed to universities and state-funded research institutes. In addition to humanoid robots, the government intends to purchase around 5,000 non-humanoid robots, including four-legged models, through 2030.
The government's support will extend to the development of three critical components where Korea currently falls short in competitiveness: actuators, sensors, and power systems.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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