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. [Read more…] about Fanuc reports more than 40 per cent increase in profits on strength of China sales