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Universal Robots records best ever Q1 results

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Universal Robots, the Danish producer of collaborative robots, has reported record Q1 revenue of $85 million, 30 percent up on its 2021 Q1 revenue.

The company’s chief financial officer, Kim Nørgaard Andreasen said: “Reporting record Q1 revenue at a time when businesses across the world are facing disruption from the pandemic, supply chain challenges and conflict is a testament to the role collaborative automation can play in helping our customers stay competitive.

“In addition to record revenue, we have been pleased this quarter to welcome 80 new employees to our rapidly growing company.” [Read more…] about Universal Robots records best ever Q1 results

Manufacturing industry ‘optimistic’ about post-pandemic recovery

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More than 60 percent of professionals in the UK manufacturing industry expect the sector to recover from the coronavirus pandemic and return to business as usual by mid-2021, according to a new survey by SteelScout.

However, they highlighted issues in the wider supply chain which might impact the recovery, with almost 30 percent unable to access the materials they need and 36 percent adding that it is taking longer just to receive a “winning quote”.

One key driver behind the confidence in recovery is that 62 percent of respondents reported having orders waiting to be fulfilled once lockdown rules have eased. [Read more…] about Manufacturing industry ‘optimistic’ about post-pandemic recovery

Samsung shows off robot that tests Galaxy Fold smartphone

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Samsung has been showing off the robot the company uses to test the new Galaxy Fold smartphone. (See video below.)

The Galaxy Fold is a new type of smartphone – the main feature being the foldable screen.

The Galaxy Fold was scheduled for release a few days ago, but early reviews suggested that the foldable screen broke after a day’s use.

[Read more…] about Samsung shows off robot that tests Galaxy Fold smartphone

Beam me up, Scotty. Or send me a foldable smartphone

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If you’re among the millions of people who watched the sci-fi TV show Westworld and saw the folding smartphones used by some of the characters, you probably immediately thought, “I want one of those.”

That’s what we thought anyway.

And whereas the old, 1960s Star Trek showed off tablet computers and other technologies many decades before they were beamed into our collective – and possibly holographic – reality, nowadays, things happen slightly faster.

[Read more…] about Beam me up, Scotty. Or send me a foldable smartphone