ABB has inaugurated its fourth industrial robotics center in China to ensure its continued relevance in the market as the Chinese government pushes towards its “Made in China 2025” target. Chinese demand for industrial robots remains strong with a 32% rise in imports in the three months to February 28 on a year earlier. ABB also needs the sales boost after its shipments to China rose just 9% in the past three months vs. 22% in the prior three quarters. So far its shipments to the region have been led by power network equipment (15% of total shipments in the past 12 months, sourced fro...
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