[Market Focus] Yuil Robotics Surges 30% on News of Core Robot Component Development

Yuil Robotics, a company specializing in robotic automation, saw its stock price surge following news that it has independently developed actuators, a core component of robots.

As of 1:50 p.m. on January 26, shares of Yuil Robotics were trading at 135,000 won on the Korea Exchange, up 31,100 won (29.93%) from the previous session.

Yuil Robotics is the only industrial robot specialist in Korea to offer a diverse lineup, including Cartesian, articulated, and collaborative robots. Earlier that day, Yuil Robotics announced that it had completed the development of its proprietary robot actuator brand, YURA (YUil Robot Actuator). With the development of YURA, Yuil Robotics has reduced its reliance on foreign components from countries such as Japan and China and is now able to design actuators independently.

Actuators are core components responsible for the joints and movements of robots. YURA is scheduled to be installed in the next generation of Yuil robots. Yuil Robotics is also working on lightweight and compact designs so that the actuators can be applied to humanoid robots in the future.