Robotics firms lag behind overseas competition
10 years, 7 months ago

Robotics firms lag behind overseas competition

China Daily  

Despite the rapid growth of the Chinese robotics industry, Chinese robot manufacturers still have a long way to go before they have a fair share in the market along with their overseas competitors. As the central government calls for an industrial restructuring and upgrading, China Consulting Research Institute predicted that the Chinese robotics industry will maintain an average 20 percent annual growth rate in the next three years. Universal Robots, a 9-year-old manufacturer of small flexible industrial robot arms from Denmark, entered the Chinese market three years ago by seeking help from local dealers before setting up a subsidiary in Shanghai last year. "Although we are relatively new to the market and still building our sales network and seeking more resources, we have great confidence in the market as the entire robotics industry is developing rapidly, providing plenty of opportunities," said Yang Zhenwu, commercial director of Universal Robots Co Ltd. Aldebaran, a French robotics company well known for its autonomous, programmable humanoid robots, entered the Chinese market three years ago.

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