ABB doubling investment in China to see off challenge from Kuka and surpass Fanuc

 

ABB has a significant lead in the industrial robotics and automation market in China, but it seems somewhat wary of Kuka. 

The company recently decided it would double its investment in its research and development facility in China, and effectively make it the company’s global R&D HQ.

ABB currently employs 17,000 people in 139 cities in China. Its robotics division, though huge by itself, is just one part of the Swiss multinational engineering company.

Speaking to Bloomberg, ABB CEO Ulrish Spiesshofer says: “ABB is ahead of Kuka globally, we are ahead of Kuka here in the market and our ambition is to stay so.”  Continue reading ABB doubling investment in China to see off challenge from Kuka and surpass Fanuc