June 11, 2015      

Very pricey core technology

There's not much of anything to build if you don't have parts.

China is learning that the hard way as its indigenous robot manufacturers decry the steep price increases coming from their Japanese suppliers.

Li Jinke, deputy director of China's Industrial Research Institute, reported to xzlrobot.com that critical parts for China's robot industry are being sold at exorbitant prices by Japanese suppliers.

In some cases, the price hikes are four to five times higher t...

Thank You for Reading Robotics Business Review!

Reading this content requires a free membership.
To continue reading, please sign up for an RBR Insider account.