US EditionChina’s Robot-to-Worker Density Surpasses Germany and Is Set to Overtake South Korea as the Nation Enters a ‘Robot Frenzy’
3 Articles
3 Articles
China has overtaken Germany in the number of robots per worker and is catching up with South Korea, the Financial Times (FT) reported. Economists say that thanks to the domestic production of cheaper robots, the world's second-largest economy is maintaining cheap production even as wages rise.
China’s Robot-to-Worker Density Surpasses Germany and Is Set to Overtake South Korea as the Nation Enters a ‘Robot Frenzy’
China is growing rapidly in the realm of robots, as the nation undergoes a 'wave of automation' driven by huge investments in the segment. China's Integration of Robots Into Industrial Workloads Has Bumped Up Efficiency, But at the Cost of Employment China has historically been an attractive region for manufacturers worldwide, mainly due to the lower labour costs associated with intensive tasks such as product assembly. However, as the world mov…
IFR: Chinese factories install ~280K industrial robots every year, or 50% of the global total, helping China boost its global exports; ~50% are locally made
Financial Times: IFR: Chinese factories install ~280K industrial robots every year, or 50% of the global total, helping China boost its global exports; ~50% are locally made — Economists say cheaper automation could explain why country maintains low-end manufacturing even as wages rise
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