Korea’s e-commerce giant Coupang to invest $4 bn in logistics automation

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Korea’s e-commerce giant Coupang to invest $4 bn in logistics automation - Korea Economic Daily

Quick Summary:

The General Chair of Seoul National University’s Center for SoFT meta-Human Cho Kyu-jin said, “Just as the internet led the software revolution, robots will lead the hardware revolution going forward.” By Dong-Hui Parkdonghuip@hankyung.comJee Abbey Lee edited this article.

Coupang founder and Chief Executive Officer (CEO) Bom Kim vowed continued investment in process optimization and automation technology encompassing machine learning (ML) and robotics.

For the Daegu fulfillment center, Coupang deployed robots developed by Seoul-based robotics vision solutions provider CMES.