Korea is the world’s No. 1 industrial robot density. You can see how much people are laying off and putting their lives on the line for automation. I think that’s why Doosan Robotics’ stock price is soaring today.
Looking at this, I feel that Korea is very great. In a good or bad sense.
In the past, Japan was naturally the world’s No. 1 industrial robot density, but it was around 2016 that Korea found out that it was the No. 1 country. As expected, Japan was the world’s No. 1 player until the 2010s.
However, if you look at the 2011 statistics, you can see that Korea is in first place slightly ahead of Japan, and if you look at the recent 2020 statistics, Korea is overwhelmingly in first place, not just in first place, but in second place. Moreover, Japan fell to third place after Singapore, which has grown significantly recently.
If Korea is overwhelmingly ranked No. 1 in the world, the government or the media would be proud of it by covering it extensively, but seeing that it is not very good, they seem to have decided that it is not a good thing.
Nevertheless, the world’s No. 1 can’t be seen as bad as it is because, given Korea’s unprecedentedly low birth rate, robots will have to fill the vacancy as much as the shrinking population.
The reason why Korea’s defense industry has been able to produce weapons so quickly and deliver them like lightning is probably because so many robots are put into the production line.