Meerecompany, established in 1984, is a South Korean company that started in display and semiconductor manufacturing equipment and has now commercialized 'Revo-i', the nation's first laparoscopic surgical robot, leading the medical robotics market. The company maintains the world's top market share in the Edge Grinder sector, demonstrating its technological prowess, and is expanding its business into core 4th Industrial Revolution technologies with the development of 3D sensors (Cube Eye). Under the vision of 'robots that save people', it focuses on providing advanced medical technology at reasonable costs.Meerecompany,establishedin1984,isaSouthKoreancompanythatstartedindisplayandsemiconductormanufacturingequipmentandhasnowcommercialized'Revo-i',thenation'sfirstlaparoscopicsurgicalrobot,leadingthemedicalroboticsmarket.Thecompanymaintainstheworld'stopmarketshareintheEdgeGrindersector,demonstratingitstechnologicalprowess,andisexpandingitsbusinessintocore4thIndustrialRevolutiontechnologieswiththedevelopmentof3Dsensors(CubeEye).Underthevisionof'robotsthatsavepeople',itfocusesonprovidingadvancedmedicaltechnologyatreasonablecosts.
Key Products/TechnologiesKeyProducts/Technologies
**Surgical Robot Revo-i**: The first laparoscopic surgical robot commercialized in Korea and the second globally. It comprises three core components: Master Console, Operation Cart, and Vision Cart. Key features include robotic arms that precisely replicate surgeon's hand movements and a camera technology providing 3D HD vision. Surgical instruments on the robotic arms, which directly contact the human body, can be washed, sterilized, and reused up to 10 times, with 13 types of instruments including energy instruments, forceps, needle holders, and clip appliers.**SurgicalRobotRevo-i**:ThefirstlaparoscopicsurgicalrobotcommercializedinKoreaandthesecondglobally.Itcomprisesthreecorecomponents:MasterConsole,OperationCart,andVisionCart.Keyfeaturesincluderoboticarmsthatpreciselyreplicatesurgeon'shandmovementsandacameratechnologyproviding3DHDvision.Surgicalinstrumentsontheroboticarms,whichdirectlycontactthehumanbody,canbewashed,sterilized,andreusedupto10times,with13typesofinstrumentsincludingenergyinstruments,forceps,needleholders,andclipappliers.
**Display and Semiconductor Manufacturing Equipment**: The company possesses precision processing equipment for display panels such as Edge Grinder, Edge Profiler, Drilling Machine, Cover Glass Grinder, and Mother Glass Grinder. The Edge Grinder, successfully localized in 2000, has maintained the world's No. 1 market share for 21 years as a flagship product. Inspection technologies, including OLED inspection equipment, Edge inspection equipment, and various AOI (Auto Optical Inspection) inspection equipment, are also strengths. It also supplies semiconductor equipment, including precision cutting and post-treatment technologies essential for the semiconductor manufacturing process.**DisplayandSemiconductorManufacturingEquipment**:ThecompanypossessesprecisionprocessingequipmentfordisplaypanelssuchasEdgeGrinder,EdgeProfiler,DrillingMachine,CoverGlassGrinder,andMotherGlassGrinder.TheEdgeGrinder,successfullylocalizedin2000,hasmaintainedtheworld'sNo.1marketsharefor21yearsasaflagshipproduct.Inspectiontechnologies,includingOLEDinspectionequipment,Edgeinspectionequipment,andvariousAOI(AutoOpticalInspection)inspectionequipment,arealsostrengths.Italsosuppliessemiconductorequipment,includingprecisioncuttingandpost-treatmenttechnologiesessentialforthesemiconductormanufacturingprocess.
**3D Recognition Camera (Cube Eye)**: Developed in 2014, this Time of Flight (ToF) based 3D depth camera precisely measures the distance and movement of objects and people at a pixel level. It offers enhanced performance for long-distance object measurement both indoors and outdoors, targeting diverse applications in surveillance, smart retail, home appliances, automotive, medical devices, and gaming.**3DRecognitionCamera(CubeEye)**:Developedin2014,thisTimeofFlight(ToF)based3Ddepthcamerapreciselymeasuresthedistanceandmovementofobjectsandpeopleatapixellevel.Itoffersenhancedperformanceforlong-distanceobjectmeasurementbothindoorsandoutdoors,targetingdiverseapplicationsinsurveillance,smartretail,homeappliances,automotive,medicaldevices,andgaming.
Core AdvantagesCoreAdvantages
**Technological Leadership and Localization Success**: A technology leader that successfully commercialized 'Revo-i', the first laparoscopic surgical robot in Korea, contributing to the nation's rise as a medical robotics powerhouse. It holds unique technological expertise, maintaining the world's No. 1 market share for 21 years with its domestically developed Edge Grinder.**TechnologicalLeadershipandLocalizationSuccess**:Atechnologyleaderthatsuccessfullycommercialized'Revo-i',thefirstlaparoscopicsurgicalrobotinKorea,contributingtothenation'sriseasamedicalroboticspowerhouse.Itholdsuniquetechnologicalexpertise,maintainingtheworld'sNo.1marketsharefor21yearswithitsdomesticallydevelopedEdgeGrinder.
**Cost Competitiveness and Accessibility**: In a surgical robot market dominated by foreign products, Revo-i offers a strong advantage with reasonable pricing and maintenance costs, enhancing patient accessibility. This is a significant competitive edge, especially in emerging markets, against high-priced US-made products.**CostCompetitivenessandAccessibility**:Inasurgicalrobotmarketdominatedbyforeignproducts,Revo-ioffersastrongadvantagewithreasonablepricingandmaintenancecosts,enhancingpatientaccessibility.Thisisasignificantcompetitiveedge,especiallyinemergingmarkets,againsthigh-pricedUS-madeproducts.
**User-Centered Design and Rapid Maintenance**: User-centered ergonomic design and quick maintenance response capabilities are key competitive strengths of Revo-i. The presence of an R&D center and development office in Seoul allows for swift responses to customer needs.**User-CenteredDesignandRapidMaintenance**:User-centeredergonomicdesignandquickmaintenanceresponsecapabilitiesarekeycompetitivestrengthsofRevo-i.ThepresenceofanR&DcenteranddevelopmentofficeinSeoulallowsforswiftresponsestocustomerneeds.
**Diversified Business Portfolio and R&D Investment**: The company reinvests profits from its display and semiconductor equipment businesses into surgical robot R&D and regulatory approval processes, pursuing continuous innovation. This structure allows for the expansion of new businesses based on the stable growth of its core operations.**DiversifiedBusinessPortfolioandR&DInvestment**:ThecompanyreinvestsprofitsfromitsdisplayandsemiconductorequipmentbusinessesintosurgicalrobotR&Dandregulatoryapprovalprocesses,pursuingcontinuousinnovation.Thisstructureallowsfortheexpansionofnewbusinessesbasedonthestablegrowthofitscoreoperations.
**Global Market Expansion Strategy**: It aims to provide global medical robot solutions by expanding exports, particularly to emerging markets. The company is accelerating market penetration by establishing training centers in regions like the Latin American market, where surgical robot adoption is increasing.**GlobalMarketExpansionStrategy**:Itaimstoprovideglobalmedicalrobotsolutionsbyexpandingexports,particularlytoemergingmarkets.ThecompanyisacceleratingmarketpenetrationbyestablishingtrainingcentersinregionsliketheLatinAmericanmarket,wheresurgicalrobotadoptionisincreasing.
Target IndustrieTargetIndustrie
**Medical Industry**: Applied in various robotic surgeries, including urology, general surgery, and gynecology, through its laparoscopic surgical robot Revo-i. It enables minimally invasive surgery, leading to reduced patient pain, decreased bleeding and infection risks, shorter recovery times, and cosmetic benefits.**MedicalIndustry**:Appliedinvariousroboticsurgeries,includingurology,generalsurgery,andgynecology,throughitslaparoscopicsurgicalrobotRevo-i.Itenablesminimallyinvasivesurgery,leadingtoreducedpatientpain,decreasedbleedingandinfectionrisks,shorterrecoverytimes,andcosmeticbenefits.
**Display Industry**: Utilized in the manufacturing process of display panels for smart devices through precision processing equipment like Edge Grinder, Edge Profiler, and Drilling Machine. It contributes to the production of next-generation displays such as Flexible Display, Mini-LED, and QD-OLED.**DisplayIndustry**:UtilizedinthemanufacturingprocessofdisplaypanelsforsmartdevicesthroughprecisionprocessingequipmentlikeEdgeGrinder,EdgeProfiler,andDrillingMachine.Itcontributestotheproductionofnext-generationdisplayssuchasFlexibleDisplay,Mini-LED,andQD-OLED.
**Semiconductor Industry**: Supplies precision processing equipment for semiconductor wafers and packaging, as well as laser processing equipment, providing essential technologies for semiconductor manufacturing processes.**SemiconductorIndustry**:Suppliesprecisionprocessingequipmentforsemiconductorwafersandpackaging,aswellaslaserprocessingequipment,providingessentialtechnologiesforsemiconductormanufacturingprocesses.
**Core Technologies of the 4th Industrial Revolution**: The 3D recognition camera (Cube Eye) technology is applicable in various IT fields, including surveillance, smart retail, home appliances, automotive, medical devices, and gaming.**CoreTechnologiesofthe4thIndustrialRevolution**:The3Drecognitioncamera(CubeEye)technologyisapplicableinvariousITfields,includingsurveillance,smartretail,homeappliances,automotive,medicaldevices,andgaming.
Major MarketsMajorMarkets
Morocco, TunisiaMorocco,Tunisia
South Korea, Mongolia, Uzbekistan, Vietnam (planned), Philippines (planned), Thailand (certified), Indonesia (certified)SouthKorea,Mongolia,Uzbekistan,Vietnam(planned),Philippines(planned),Thailand(certified),Indonesia(certified)
RussiaRussia
ParaguayParaguay
Certifications/PatentsCertifications/Patents
**Ministry of Food and Drug Safety (MFDS) Approval**: Obtained MFDS approval for 'Revo-i', the first laparoscopic surgical robot in Korea, in 2017.**MinistryofFoodandDrugSafety(MFDS)Approval**:ObtainedMFDSapprovalfor'Revo-i',thefirstlaparoscopicsurgicalrobotinKorea,in2017.
**CE Certification**: Completed CE certification for Revo-i's medical device safety report and biocompatibility.**CECertification**:CompletedCEcertificationforRevo-i'smedicaldevicesafetyreportandbiocompatibility.
**Numerous Intellectual Property Rights**: Holds multiple domestic and international intellectual property rights through its corporate research institutes established since 1997.**NumerousIntellectualPropertyRights**:Holdsmultipledomesticandinternationalintellectualpropertyrightsthroughitscorporateresearchinstitutesestablishedsince1997.
**Selected as a World Class 300 Company**: Recognized for its product competitiveness and technological capabilities by being selected as a World Class 300 company in 2016.**SelectedasaWorldClass300Company**:RecognizedforitsproductcompetitivenessandtechnologicalcapabilitiesbybeingselectedasaWorldClass300companyin2016.
**Selected as a 'Soo-Bu-Jang' (Materials, Parts, and Equipment) Leading Company**: Designated as a 'Soo-Bu-Jang' leading company in 2021, acknowledging its high growth potential.**Selectedasa'Soo-Bu-Jang'(Materials,Parts,andEquipment)LeadingCompany**:Designatedasa'Soo-Bu-Jang'leadingcompanyin2021,acknowledgingitshighgrowthpotential.
**Selected as 'Korea Robot Company of the Year'**: Recognized by Robot Newspaper as 'Korea Robot Company of the Year 2021'.**Selectedas'KoreaRobotCompanyoftheYear'**:RecognizedbyRobotNewspaperas'KoreaRobotCompanyoftheYear2021'.
Introduction
Location
69-12 Jeongmunsongsan-ro, Yanggam-myeon, Hwaseong-si, Gyeonggi-do, South Korea
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Information
69-12 Jeongmunsongsan-ro, Yanggam-myeon, Hwaseong-si, Gyeonggi-do, South Korea