News Snapshot:
The number of robots operating on Chinese factory floors rose 21% last year as the world’s manufacturing powerhouse extended its lead in automation. China added 140,500 new robots and now holds almost one-third of the global stock, according to a new report published Thursday by World Robotics. The U.S. posted an increase of 33,300 or 7% and ranks fourth behind two other Asian economies, Japan and South Korea. The top five countries hold almost two-thirds of the market. In China, 71% of new robots were shipped in from foreign suppliers. “The stock of industrial robots operating in factories around the...
