China has witnessed significant robotics sales and investment in 2020, a continuation of an earlier pattern. Still, young Chinese robotics companies face many challenges including a price sensitive domestic market, relatively low labor wages, trade conflicts and geopolitical tensions.
China presents many opportunities — and pitfalls — for foreign robotics suppliers, notes RoboBusiness speaker and international investment expert Georg Stieler.
The Chinese automation market still has a lot of growth potential, but global robotics suppliers should know where the demand lies, says RoboBusiness speaker Georg Stieler.
RoboBusiness speaker Georg Stieler provides an overview of the Chinese robotics industry as a preview to his panel discussion at RoboBusiness 2018.
Our columnist brings his international perspective to the latest robot applications shown at iRex 2017 in Tokyo. Machine learning, service robots, and Society 5.0 all have implications for automation beyond Japan.
The Chinese robot market, particularly for industrial automation, collaborative robots, and autonomous guided vehicles, should keep growing at a healthy pace, predicts an STM report. See how China expects to build its industry through strategic partnerships, acquisitions, and the use of integrators.
Smart manufacturing is not just a goal for Chinese companies; it’s also a way for the country to maximize their existing industrial advantages to retain market leadership.