Anonymous Coward User ID: 74987277 United Kingdom 05/02/2018 07:34 AM Report Abusive Post Report Copyright Violation | Rise of the machines: China looks to become global leader in robotics Chinese firms are making serious progress in industrial robotics, a sector that has historically been dominated by Japanese and European rivals. That’s according to the latest report by ABI Research. “The top four Chinese industrial robotics vendors reported a topline growth of 20 percent year-on-year in 2016 and a similar figure is expected for next few years,” says Lian Jye Su, principal analyst at research and advisory company ABI Research. “Their Japanese and European counterparts were either contracting or experiencing low single-digit growth in the same period.” The surge demonstrated by China’s robotics suppliers was reportedly boosted by intense government pressure and strong investments in research and development by the corporations. In 2013, the Chinese Ministry of Industry and Information Technology introduced the Guidance on Promotion of Development of the Robot Industry to boost robot development by 2020. Read More: [ link to www.rt.com (secure)] |