From autonomous floor cleaning to robotic arms in warehouses, Singapore-based robotics startups are expanding their production and research capacity to tap into Asian markets and beyond, targeting companies eager to address labour shortages.
Lionsbot, a developer of cleaning robots based in Singapore, has expanded its production capacity to 4,000 units a year. (Photo: Nikkei)
Hanoi (VNA) – Froꦏm autonomous floor clea🙈ning to robotic arms in warehouses, Singapore-based robotics startups are expanding their production and research capacity to tap into Asian markets and beyond, targeting companies eager to address labour shortages.
Southeast Asia's startup clusters, including Singapore, have long been known for digital consumer services like e-commerce and ride-hailing apps. However, the city-state is now trying to foster more cutting-edge hardware companies in collaboration with local researchers and universities. The goal is to create a hub for the robotics industry that will also draw overseas players.
In March, the Government announced plans to invest an additional 60 million SGD in the national robotics programme, which encourages industrywide adoption and helps companies find markets for their products. The programme has invested more than 450 million SGD since 2016 in over 40 projects./.
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