Now Robotics Completes Merger with Hanyang Robotics... Accelerates Full Lineup of Industrial Robots
Now Robotics has completed its merger with Hanyang Robotics, positioning itself to secure integrated competitiveness across the entire industrial robot sector.
On June 30, Now Robotics, a company specializing in intelligent robotics, announced that it has finalized the merger process with Hanyang Robotics and will strengthen its efforts to target the domestic industrial robot market by expanding its product portfolio and integrating its production infrastructure.
This merger is a strategic decision aimed at enhancing competitiveness as a specialized industrial robot company, not only by integrating the two organizations but also by combining their technological capabilities, production capacities, and customer networks.
Founded in 1997, Hanyang Robotics has accumulated nearly 30 years of technological expertise in the domestic take-out robot and injection automation fields. Based on a customer base of over 3,000 companies in Korea and abroad, it has supplied take-out automation solutions optimized for injection molding processes and established a stable production system and sales network.
Through this merger, Now Robotics has secured a full lineup that covers the entire spectrum of industrial robots, including take-out robots, articulated robots, SCARA robots, autonomous mobile robots (AMR), and factory automation (FA) systems.
In addition, by integrating the R&D personnel, production technologies, supply chains, and sales networks of both companies, Now Robotics has strengthened both its product competitiveness and cost efficiency, and established a foundation to provide comprehensive automation solutions tailored to individual customer needs.
The expansion of the customer base is also anticipated. For existing Hanyang Robotics clients, Now Robotics can propose articulated robots, SCARA robots, AMRs, and FA automation systems, while Hanyang Robotics' take-out automation solutions can be newly offered to Now Robotics' pre-existing customers. This is expected to create synergy through cross-selling opportunities.
Alongside the merger, Now Robotics is accelerating infrastructure development to expand production capacity. The company has completed construction of its second plant near its Incheon headquarters and is currently undergoing the approval process with relevant authorities. Once approval is granted, the plant will begin full-scale operations and serve as a key production hub for manufacturing and assembling automation systems.
The existing headquarters will function as the 'Core Center' for R&D and management, while the Naepo production base in South Chungcheong Province will serve as the 'Robot Manufacturing Center (RM Center)' for mass production of industrial robots. With the addition of the second plant, the company plans to establish a three-base system that connects R&D, automation system production, and robot mass manufacturing.
The total integrated production base covers approximately 21,488 square meters. Based on this infrastructure, the company expects to not only expand production capacity but also improve response speed to customers, delivery reliability, and quality competitiveness.
The company is also bolstering its global market expansion strategy. Now Robotics is continuing to target the North American market using its U.S. subsidiary and the existing HYROBOTICS network, and plans to further boost its ability to serve overseas clients utilizing the expanded product lineup and production capabilities gained through the merger.
In particular, as demand for automation increases in manufacturing-centric regions such as North America, Mexico, Eastern Europe, and Southeast Asia, the company plans to accelerate global market entry with its integrated robot portfolio.
Furthermore, Now Robotics will continue to invest in the development of next-generation AI-based robot technologies and the internalization of core components to secure future growth engines. The company’s strategy is to strengthen its technological competitiveness to meet the needs of intelligent manufacturing environments, extending beyond industrial robots and automation systems.
A Now Robotics representative stated, "This merger is not simply about scaling up, but about uniting technology, production, and the customer base to become a leading specialized industrial robot company. After final approval of the second plant, we will leverage the integrated production system to enhance customer responsiveness and production capacity, and aim to achieve significant growth results starting in the second half of the year."
Hot Picks Today
"Can't Get This in the U.S., Korea Is the Best": Americans Flock to Korea as 'K-Comprehensive Health Check-ups' Surge
- "Broke the Piggy Bank... Salaries Just Aren't Enough": The Stocks Individual Investors Are Rushing to Buy Worldwide
- Political Circles Favor 'Selective', Legal Community Insists on 'Full'... Tug of War Over Scope of Supplementary Investigative Authority
- "Stand Up"—Young Fan Struck for Not Rising During National Anthem Sparks Uproar at U.S. Baseball Stadium
- Chinese Group Tourists Abandoned from Noon to Evening After Refusing Shopping... Korea Embarrassed by ‘Low-Quality Tours Focused Only on Headcount’
Through this merger, Now Robotics has secured a full lineup of industrial robots and a robust production base, pursuing both strengthened domestic market competitiveness and expanded global business simultaneously.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.