China’s industrial robot output surges 60% in Jan-Jul
Chinese industrial robot sales have been on a growth trend this year. With the price increase in raw materials such as various parts and components of industrial robots, the robot prices have actually declined. A person in charge of a factory said that the price of the domestic collaborative robot he bought was less than half of the foreign robot. Industry insiders believe that the price of industrial robots can still be reduced this year. The main reason is that the sales of domestic industrial robots have increased significantly since the second half of last year. The latest data from National Bureau of Statistics of China show that the domestic production of industrial robots from January to July was 205,100 units, a year-on-year increase of 64.6%.