Robotics & Automation News

Where Innovation Meets Imagination

Mai Tao

Foxconn to replace all humans with robots

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Hon Hai Precision, better known as Foxconn, says it will replace all its human workers with robots, according to a report in Futurism.com. 

Quoting DigiTimes.com, Futurism says Foxconn has announced a three-part plan to fully automate its factories in the hope of achieving 30 per cent automation by 2020.

Foxconn currently has about 40,000 robots – or Foxbots – working in its factories. The company says it has the capacity to produce 10,000 Foxbots a year.  [Read more…] about Foxconn to replace all humans with robots

Industrial robot sales in China increase 20 per cent

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Sales of industrial robots in China have grown 20 per cent this year, according to research by two industry associations in the country. The automotive and electronics sectors were the two biggest buyers. 

As reported in the South China Morning Post, the GG Robotics Research Institute and the China Artificial Intelligence Robot Industry Alliance expects approximately 80,000 industrial robots to be sold on the mainland this year.

But Zhang Xiaofei, founder of the GG Robotics Research Institute, says growth is slowing.  [Read more…] about Industrial robot sales in China increase 20 per cent

Robotics industry will be bigger than car industry, says Michio Kaku

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One of the world’s most famous scientists says the robotics industry will be bigger than the auto industry within decades. 

Professor Michio Kaku, who lectures at the City University of New York Institute of Advanced Study, is a familiar face who’s known for explaining complex science to the average person.

Kaku has written many articles in a variety of scientific journals and is a contributor to hundreds of documentary films and television programmes. He is also the author of numerous books, including his most recent, The Future of the Mind: The Scientific Quest to Understand, Enhance, and Empower the Mind.  [Read more…] about Robotics industry will be bigger than car industry, says Michio Kaku

Yusen Logistics awards Swisslog automated warehouse contract in Singapore

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Yusen Logistics, a provider of contract logistics and air and ocean freight forwarding, has selected Swisslog warehouse and distribution Solutions to deliver the “innovative AutoStore Automated System” in Singapore.

The autonomous robots, which sit on the top of an aluminium grid as part of the innovative storage system, is expected to go into operation in 2017.

This light goods automatic storage and retrieval system (AutoStore) investment is a result of Yusen Logistics’ insight into the philosophy of the shared economy and the need to manage rising business costs in the current global, lower-growth economy. [Read more…] about Yusen Logistics awards Swisslog automated warehouse contract in Singapore

Mitsubishi says it has 70,000 industrial robots installed worldwide

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Mitsubishi Robotics currently has 70,000 industrial robots installed around the world. 

A reliable source close to the company made the information available to Robotics and Automation News exclusively on condition of anonymity.

Mitsubishi Robotics is now the eighth-largest industrial robot maker on the Robotics and Automation News list of the top industrial robot manufacturers in the world.

BMW demonstrates future autonomous and connected logistics technologies

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BMW i models at the Port of Bremerhaven, Germany

BMW has been showing off and testing its latest technologies for the future of autonomous and connected vehicles for the logistics industry, although the innovations are intended for application in its own supply chain. 

The company says it will increasingly rely on innovation, digitalisation and sustainability for logistics in the future.

A fully-networked supply chain, autonomous transport robots and the use of existing vehicle information for the delivery process will make logistics even more flexible and efficient, says BMW. [Read more…] about BMW demonstrates future autonomous and connected logistics technologies

Robots eroding employment prospects in developing economies, says UN

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Picture courtesy Stratfor.com

Increasing utilisation of robotics and automation technologies in developed countries is ruining emerging economies around the world, according to a report by the United Nations. 

A policy briefing by the United Nations Conference on Trade and Development, Robots and Industrialization in Developing Countries, argues that increased use of robots in developed countries erodes traditional labour-cost advantage of developing countries.

The report notes that new technological breakthroughs in computing, robotics and artificial intelligence in advanced economies will result in large numbers of people being made redundant in developing countries.  [Read more…] about Robots eroding employment prospects in developing economies, says UN

Harmonic Drive launches new gearbox to ‘usher in a new age of robotics’

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New gearbox range from Harmonic Drive aimed at “growing demand for compactness” and collaborative robotics 

High precision gearing specialist, Harmonic Drive UK, has launched CSF-2UP, a new gearbox range designed for medical technology, robotics and measuring-instrument applications.

Expected to be worth $7.85 billion by 2020, according to MarketsandMarkets, the smart and collaborative robotics sector is particularly dependent on compact and ultra lightweight gears.

The CSF-2UP gearboxes form part of the CSF Series, a range characterised by its very short length and low weight. The new gearbox range is available in three sizes, with gear ratios of 30, 50 and 100 at a repeatable peak torque from 1.8 to 28 Nm.  [Read more…] about Harmonic Drive launches new gearbox to ‘usher in a new age of robotics’

Yaskawa expands in China and makes plans for Brexit amid US-China trade talks

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Chinese President Xi Jinping met with US President Barack Obama discussed trade earlier this week, and agreed this was a crucial time for relations between the two nations amid growing areas of competition. 

One of the business sectors being contested is manufacturing, where advancements in the crucial technologies of robotics and automation could be the factor which decides which country is more successful.

China has embarked on an ambitious plan to transform the country from the low-wage, labour-intensive workshop of world into an advanced manufacturing nation, capable of developing its own high technology, in particular industrial robots and the internet of things.  [Read more…] about Yaskawa expands in China and makes plans for Brexit amid US-China trade talks

‘Chinese companies lead the way in fintech innovation’

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alipay

China-based investment expert Edward Tse, CEO of Gao Feng, says financial technology companies are thriving in China 

With the Chinese government keen to encourage innovation the fintech revolution is quickly gaining pace. Financial technologies companies backed by Chinese venture capital raised $2.4 billion in the first quarter of 2016, according to accounting firm KPMG.

This represented a 49 per cent share of global fintech investment in the period, bigger than that of North America and Europe combined.

Ant Financial Services Group, Alibaba Group Holding’s fintech affiliate, itself raised $4.5 billion in April, making it the largest round of funding for a fintech company in the world.  [Read more…] about ‘Chinese companies lead the way in fintech innovation’