Robot industry gets down to nuts and bolts
By Li Wenfang in Guangzhou | China Daily | Updated: 2014-04-02 08:33
Guangzhou-based GSK CNC Equipment Co, one of the leading domestic computer numerical control providers, estimates its industrial robot sales will double to over 800 sets this year and 3,000 sets next year.
The company expects that domestic demand for the robots will surge by as much as 20 percent annually in the coming years, said Jiang Miren, deputy director of the general manager's office.
The domestic market has been under-performing in the past few years, with industrial robots used in only a few sectors, such as automobile and high-end electronic industries, he said.
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