Executive Briefings

Robots Multiply in China: Annual Output Passes 100,000

China is churning out robots.

Annual production of industrial robots surpassed 100,000 for the first time — and it only took 10 months. Shipments were up 67 percent through October compared with a year earlier, state media reported last week. And there’s more to come: full-year output will reach 120,000 units, according to Ministry of Industry and Information Technology forecasts.

China produced about 90,000 robot units last year, more than South Korea and North America combined, data compiled by Bloomberg from the International Federation of Robotics show.

China accounts for about a third of the global demand for industrial robots, which are at the core of the government’s sweeping “Made in China 2025” plan to upgrade factories to be highly automated and technologically advanced.

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Annual production of industrial robots surpassed 100,000 for the first time — and it only took 10 months. Shipments were up 67 percent through October compared with a year earlier, state media reported last week. And there’s more to come: full-year output will reach 120,000 units, according to Ministry of Industry and Information Technology forecasts.

China produced about 90,000 robot units last year, more than South Korea and North America combined, data compiled by Bloomberg from the International Federation of Robotics show.

China accounts for about a third of the global demand for industrial robots, which are at the core of the government’s sweeping “Made in China 2025” plan to upgrade factories to be highly automated and technologically advanced.

Read Full Article