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China Facts: ABB is a large player in robotics in China

ABB has announced plans to build a $150 million, 75,000-square-foot robot factory in Shanghai, which will open in 2020 and produce robots for China as well as for export elsewhere in Asia, according to Reuters. ABB is already China’s largest industrial robot maker, and China is ABB’s second-largest robot market after the U.S. As China ages and labor costs rise, companies — with government encouragement — are investing in automation. “In 2017, one of every three robots sold in the world went to China, which purchased nearly 138,000 units,” according to ABB stats cited by Reuters. 100,000 robots a year will come off the Shanghai production line, or one quarter of ABB’s global demand last year, according to Bloomberg. The Shanghai plant will include an artificial intelligence research lab and become the company’s single largest robotics facility around the world, producing the full range of ABB’s products from small payload robots to large ones that can lift an entire car.” Kukua, the German robotics firm acquired by China’s Midea in 2016, is also expanding in China, says Reuters, “including by building a robot park in Shunde near Hong Kong.” *)  

 

*) SubChina 30th October 2018

 

 

 

 

 

 

 

 

 

 

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Hans Henrik Pontoppidan
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