Chinese robot revolution has a few problems

@ 2017/03/28
Too much cash invested in the lower end

China is widely expected to take the lead in robotic industry, but Digitimes Research thinks that it might have a few problems to overcome first.

A report from Digitimes Research says that while China has strong demand for robots, but locally produced robots took up only 26.7 per cent of its demand in 2015.

Chinese firms are developing robots using government incentives and robot use is spreading. But the development of China's robot industry faces two risks: over investment in low-end robots with low added values, and oversupply, according to Digitimes Research.

No comments available.