The trade war between China and the US is negatively affecting the sales of Fanuc’s industrial robots, according to the Nikkei newspaper.
In recent months, the US and China have been introducing new taxes on imports from each other’s countries, and this has set up Fanuc for a tough year ahead, reports Nikkei.
Fanuc is headquartered in Japan but has global operations. It is believed to be the largest supplier of robotics and automation technologies to the industrial sector. [Read more…] about US-China trade war affecting Fanuc’s industrial robot sales