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TWINNY AND HANWOOL HARNESS INDIGENOUS TECHNOLOGICAL STRENGTHS

A SHOWCASE OF CUTTING-EDGE KOREAN TECHNOLOGIES, FEATURING TWINNY, A COMPANY DEVELOPING SERVICE ROBOTS, AND HANWOOL, SPECIALIZING IN PREMIUM-QUALITY AUTOMATIC LABELING MACHINES.

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Twinny Co., Ltd.

Although South Korea boasts exceptional engineering pedigree in the emerging robotics industry, many of the country's homegrown robotics researchers tend to diverge from the field, opting for careers in smartphone development or other more developed markets. This 'brain drain' effect has been a notable issue in Korea over the last decade, however, the recent global pandemic presented opportunities to attract highly skilled experts to the Korean robotics industry. An example is the emergence of Twinny, a key company that benefits from the influx of Masters and PhD holders from institutions like Korea Advanced Institute of Science and Technology (KAIST). With these strengthened technological capabilities and a burgeoning market, there is substantial potential in this sector for foreign investors.

"I believe that the only sustainable way for Korean companies to maintain competitiveness in the global arena is to harness our indigenous technological strengths," says Yeongseok Cheon, cofounder of Twinny. "Rather than focusing on developing service robots, we prioritize nurturing our own technological capabilities. The challenge faced by Twinny, as well as other Korean domestic companies, is how to cultivate future growth momentum to enhance our technological prowess. This entails reducing our reliance on large conglomerates and instead channeling our efforts into bolstering the technological capacities that can propel us into global niche markets."

To ensure the competitiveness and survival of Korean SMEs in the global arena, Twinny recognizes the importance of focusing on its core competencies, says Mr. Yeongseok Cheon, who founded the company with his twin brother Hongseok.

"The rest must be achieved through collaboration and partnerships. Our core competency lies in autonomous software, enabling us to navigate various challenges with our robotic solutions. With 160 employees, some might consider Twinny relatively large for an SME. However, we remain far from complacent and aspire to rival larger entities on the global stage."

For a comprehensive understanding of Twinny Co.,Ltd., click here to access detailed information: https://twinny.ai/

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Mr Yeongseok Cheon (left), Mr Hongseok Cheon (right), CEOs of TWINNY

TWINNYCEO

Mr Yeongseok Cheon (left), Mr Hongseok Cheon (right), CEOs of TWINNY

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Order Picking Robot

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Hanwool

The South Korean company Hanwool specializes in premium-quality automatic labeling machines used on products manufactured in a range of industries.

"Our labelers are faster and more precise than our competitors' – that's what chiefly sets us apart," says Hanwool's president, Han Gil-Yong.

"Our machines aren't focused on labeling high-tech products, because their manufacturers don't need so many labels. Instead, we're more focused on food and drink, cosmetics, and pharmaceutical products, which are consumed quickly."

Hanwool's labeling machines are split into two core product ranges, each designed to cater to differing customer needs. "On the one hand, we have the Step Type STR, which is widely used for food, cosmetics and pharmaceuticals," Mr. Han explains. "On the other, we have the Servo Type SVR, which is for industries that require faster and more precise labeling, such as beverages."

As Hanwool looks to expand the scope of its labeling machines, Mr. Han adds, the company sees an opportunity for success in a changing automobile sector: "Due to the transition to electric vehicles, there are a lot of parts where barcodes need to be attached. I think there's potential growth in this market."

Hanwool's ambitions also include increased overseas sales – with countries such as Thailand and Indonesia the immediate priority – and domestic domination. "We're going to be the number one in the South Korean labeling industry within 10 years," Mr. Han declares. "In fact, I expect it to take less than that."

For a comprehensive understanding of Hanwool, click here to access detailed information: http://www.hanwoolsystem.com/

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