Smart Manufacturing
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Robot Installed in US Auto Industry Up by Double Digits Preliminary results published by International Federation of Robotics
Robot Installed in US Auto Industry Up by Double Digits Preliminary results published by International Federation of Robotics
China to Invest 1 Trillion Yuan in Robotics and High-Tech Industries
China’s National Development and Reform Commission has announced to set up a state-backed venture capital fund focused on robotics, AI and cutting-edge innovation. The long-term fund is expected to attract nearly 1 trillion yuan (US$138 billion) in capital from local governments and the private sector over 20 years. This initiative aims to continue China's technology-driven success story in manufacturing: In ten years, the country's global share of industrial robot installations has risen from around one-fifth to more than half of the world's total demand.
President’s Report by Takayuki Ito
It is an honor for me to commence this quarterly newsletter for the first time as the - still quite newly elected - President of the IFR.
