Fanuc reports more than 40 per cent increase in profits on strength of China sales

The world’s largest industrial robot manufacturer, Fanuc, says its profits have increased by more than 40 per cent as a result of strong demand from China, according to a report on Nikkei

The company is currently reporting its financial performance for the six-month period up to September.

It says its profits for the period were $750 million, which is more than a 42 per cent increase compared with the same period last year.  Continue reading Fanuc reports more than 40 per cent increase in profits on strength of China sales