WE CONTINUE TO MAKE HISTORY.
DEVELOPE THE CORE PARTS OF THE ROBOTS.
CEO/Founder Ph.D Kang has stepped into the Korean robot industry in 2009, has always been wondered. 'Why do not we see a lot of robots around us?' He thought that one of the reasons was that the price of the robot was not low enough to be widely available to the public.
As a result of considering the reasons why the robot's price has not been decreased, we found that most of the robot's manufacturing costs are occupied by core parts, but the core parts of most robot manufacturers were procured by the external parts suppliers, and they were shipping robots by developing only design and assembly and software. Ultimately, we realized that we needed to be able to make core parts first in order to make low-cost robots that could be popularized, and immediately started to develop core parts.
The first of the core parts to be developed was the precision gearbox. The precision gearbox is key components that account for more than 35% of the robot manufacturing cost. Currently, most of the robot market uses Japanese precision gearboxes. The Japanese gearboxes have excellent performance. However, their high prices were the main cause of the robot's cost increase.Therefore, we decided to solve this problem first, and gearbox using elastic deformation based on new cycloid, Elacloid® Drive precision speed reducer (Gearbox), was designed after trial and error. The Elacloid® Drive gearbox adopts the principle of elastic deformation to the existing cycloid drive gearbox, which simplifies the process for manufacturing the existing reducer and decreases the cost of equipment investment so that they could be manufactured at a very low price.
Since then, we developed a motion controller based open technology to secure software parts. He we concluded that software parts such as motion controllers are not as high as 10% of the manufacturing costs of robots, but they are very important since they are the source of control. If we utilize an open platform such as Raspberry Pi, which is widely used in the market, we thought we could get both stability and price. And, after various efforts, we developed MEP-Pi, a real-time motion control platform using various open technologies such as Raspberry Pi and KDL. This is the first example in the robot industry to show the best cost-effectiveness and stability.
PREPARE FOR ROBOT MASS PRODUCTION.
After the establishment of MINTROBOT Co., Ltd. in 2016, a company-affiliated research institute was established in 2017 and succeeded in attracting the first investment from ETRI Holdings Co., Ltd. Subsequently, in 2018, a Bucheon factory of approximately 400㎡ was established for full-scale production and the research institute was relocated. and we've accelerated the speed of manufacturing and performance improvement and the development of various types of robots for 2 years. In early 2020, we signed an OEM contract with a factory near Hanoi, Vietnam, with about 200 machining center equipment for mass production. Since then, we’ve entered into overseas markets in earnest, including signing MOUs with Malaysian and Russian companies.
MAKE DIFFERENTIATION OF THE BRAND.
MINTROBOT wanted to grow with our own unique brand value for our products. For this purpose, the company applied for trademark rights using the name 'Elacloid® Drive' for a precision speed reducer developed in 2018. In addition, we renamed instead MR which was named during the research process. 'Pal' brand, which means Friends (also Pal mean human's arm in Korean). that is a new designed and used to new core parts for the articulated robot that was first introduced at the ROBOTWORLD exhibition in 2018.
He was very interested in publicity and design for these brand values, and valued creativity and originality in everything. We have made industrial robots that can be manufactured by saving millions of dollars without using molds. So, for the first time in the history of industrial robotics, rectangular robot without a rounding was able to come up, and we could show our company's visual identity with just our product form without having to imprint our company name. In 2020, we've prized 2 parts as corporate branding and website at the ‘iF Design Award’ Germany in the world's Best Design Award.
STEP INTO THE WORLD MARKET.
MINTROBOT has been participating in the 'Robot World' exhibition held in South Korea every year since 2017 he didn’t want to grow up to be just a small and medium manufacturer in South Korea, but rather to grow into a very robust global robot manufacturer. He has made great efforts to enter the world market in everyday life, and always emphasized that the company's major activities are not only in Korea but also worldwide.
It was the 4FYN which was held in Barcelona, Spain in 2018 to take the first step to promote this global market. 4YFN (4 Years From Now), an event of MWC, a platform for start-ups, is an exhibition for start-up expected after 4 years, and we have received the Best Made in Korea award by exhibiting the parts such as precision gearbox and motion controllers for the first time.
In the same year, we participated in exhibitions in various countries as we have seen the potential of Asian markets such as Shanghai, Taipei These efforts have actually started to be heard by many overseas buyers. Many foreign companies such as Australia, India, Thailand, Malaysia, Japan, Turkey, the United States, Germany, Russia, etc. have been interested in the product little by little, and finally, they make a purchase.
At present, MINTROBOT is carrying out aggressive publicity in more countries to inform its company, its products and its technology. Currently, MINTROBOT is aggressively promoting to announce the company, product, and technology in more countries.