Faced with rising labor costs, China is making a strong move to establish itself as the world's leading manufacturer...
Originally shared by David Fuchs
Faced with rising labor costs, China is making a strong move to establish itself as the world's leading manufacturer of robots.
The country is already the world's largest buyer of industrial robots, but it's lagged behind Japan, its perennial Asian market rival, when it comes to technology development.
There are big signs that's changing rapidly. According to a report from the International Federation of Robotics (IFR), China will triple its sales of robots by 2018. By 2019, the IFR predicts that more than 1.4 million new industrial robots will be installed in factories around the world, and China will account for 40 percent of global robotics sales.
http://www.zdnet.com/article/china-is-poised-to-dominate-robotics-markets-sooner-than-expected/
Faced with rising labor costs, China is making a strong move to establish itself as the world's leading manufacturer of robots.
The country is already the world's largest buyer of industrial robots, but it's lagged behind Japan, its perennial Asian market rival, when it comes to technology development.
There are big signs that's changing rapidly. According to a report from the International Federation of Robotics (IFR), China will triple its sales of robots by 2018. By 2019, the IFR predicts that more than 1.4 million new industrial robots will be installed in factories around the world, and China will account for 40 percent of global robotics sales.
http://www.zdnet.com/article/china-is-poised-to-dominate-robotics-markets-sooner-than-expected/
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