Catching up on robots
Print Edition
INDUSTRIAL robots are increasingly taking on tasks formerly done by humans, although China still lags well behind nations such as South Korea and Germany.
SIASUN Robot and Automation Co, China’s biggest maker of industrial robots, and international giants ABB and 3M are trying to impress the market with their products at the ongoing China International Industrial Fair.
In China, manufacturers are welcoming robots as their higher efficiency and lower costs can give them a competitive edge.
Chinese labor costs are only 4 percent lower than in the United States, according to a recent report by Oxford Economics.
A five-axis robot costs the equivalent of three years of a worker’s salary, but that have a working life of at least 10 years, a China Business News report estimated.
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