Found in Robotics News & Content, with a score of 11.58
October 12, 2015
…major markets representing 70% of the total sales volume: China, Japan, USA, South Korea and Germany. “The main driver of this development is the global competition of industrial production,” said Arturo Baroncelli, president of the International Federation of Robotics (IFR). “The automation witnessed by the automotive sector and the electrical/electronics industry comes out top here with a market share of 64%.” Within this context, IFR suggested the rapid automation in China represents a unique development in the history of robotics. The number of industrial robots sold increased by 56% alone last year in comparison to 2013. China is the largest…
Found in Robotics News & Content, with a score of 11.36
July 17, 2021
…serves more than 2,800 counties, districts, and cities in China, and it claimed that it makes more than 40 million orders per day. Tencent was founded in 1998 and provides social media, advertising platforms, and financial and business services, and it invests in technology companies. The Shenzhen, China-based company increased its share in Meituan from 17% to 17.2%, and the subscription price was HK $273.78 per share. Meituan expands deliveries, partnerships Along with JD.com and Neolix, Meituan obtained approval from Beijing in April to test self-driving delivery vehicles in the Yizhuang Development Area. It had already made 11,000 robotic deliveries…
Found in Robotics News & Content, with a score of 11.34
November 13, 2023
With an assist from China Unicom and Huawei, Exquisite Automotive Systems Co., Ltd. is evolving its digital industrial infrastructure by deploying a commercial 5G-Advanced flexible production line that features ultra-high reliability and ultra-low latency. The Baoding Automation Technology Branch of Exquisite Automotive (EA) deploy is rolling out the 5G-Advanced equipment for a car roof production line. Traditional industrial control relies on wired networks to realize the serial connection and control of terminal equipment. However, after a certain period of operations, wire abrasion in mobile application scenarios, including robot arms, slide units, and swiveling tables, often results in production interruptions, causing…
Found in Robotics News & Content, with a score of 11.29
April 18, 2022
…to manufacturing and selling its robotic rehabilitation devices in China. Earlier this month, the Boston-based company announced that it had received a portion of the technology license fee payment from the joint venture it is establishing with Beijing-based medical device company Beijing Ryzur Exiom Medical Investment Co. Myomo received $1 million of the $2.7 million required. It expects to receive the remainder during the second quarter. “At that point, we will begin transfer of the technology and record the remaining $1.7 million as revenue,” stated David Henry, Myomo’s chief financial officer, in a press release. “In anticipation of this final…
Found in Robotics News & Content, with a score of 11.04
August 17, 2022
China's self-driving car market continues to accelerate. SAIC Motor's ride-hailing unit has raised more than 1 billion yuan ($147.3 million) in a Series B round, according to Momenta Group, an autonomous vehicle developer and participant in the funding. SAIC Mobility is now worth $1 billion (U.S.), Momenta said yesterday. “SAIC Mobility’s automotive leadership in the Yangtze River Delta has spread nationwide,” stated Zhuang Jingxiong, CEO of SAIC Mobility. “SAIC Mobility is backed by the significant resources and experience of SAIC Motor, and Momenta is providing SAIC Mobility with technological and software leadership as we continue to iterate solutions together.” SAIC…
Found in Robotics News & Content, with a score of 11.01
August 23, 2021
…robotic taxicabs are capable of handling rush-hour conditions in China's “urban villages.” The Shenzhen, China-based company claimed that its robotaxis are capable of autonomously handling a variety of traffic challenges in dense neighborhoods. Founded in 2016 by Dr. Jianxiong Xiao, AutoX has deployed more than 100 RoboTaxis in Shanghai, Shenzhen, and other cities in China. The startup said it is the only company operating SAE Level 4 service on public roads without safety drivers. The company is backed by Alibaba and has partnered with automakers including Honda. In addition, AutoX said it is the second company to obtain permission from…
Found in Robotics News & Content, with a score of 11.01
July 05, 2021
…investment of more than $100 million (U.S.). The Hangzhou, China-based company said it plans to use the funding to accelerate development and scale production of its autonomous driving and advanced driver-assistance systems (ADAS). The intelligent driving industry will grow with more assisted driving, mature autonomous driving systems, and an improved autonomous driving ecology, stated Lin Zhang, founder of Freetech. “Our flexible L2 autopilot solutions can provide Chinese consumers with a new ‘human-machine co-driving’ experience that is cost-effective,” he said. Freetech readies L3 for mass production Freetech was founded in 2016, and its vehicle perception technology includes cameras, millimeter-wave radar, and…
Found in Robotics News & Content, with a score of 10.92
April 25, 2017
…the first time, 13 Chinese automation companies exhibited, reflecting China’s dramatic growth in robotics implementation and development. A first-ever joint US-China Robotics Forum brought together leaders from the Robotic Industries Association (RIA) and its counterpart, the China Robot Industry Alliance (CRIA). A3 also announced Apellix as the winner of the Automate Launch Pad Startup Competition. Sponsored by GE, the competition provided eight innovative startup companies with an opportunity to generate awareness of their technology and find new sources of funding. Apellix offers a Platform-as-a-Service for industrial workers performing critical but dangerous tasks. The patent-pending Apellix Worker Bee robotics system physically…
Found in Robotics News & Content, with a score of 10.87
April 07, 2021
…and Chicago, as well as manufacturing facilities in Wuxi, China. Wuhan, China-based Geosun's intellectual property is dedicated to the application of GNSS (Global Navigation Satellite System), INS (inertial navigation systems), and GIS (geographic information system) expertise. The company said it focuses on satellite and integrated navigation positioning. It also develops, produces, and sells lidar scanners, POS systems, and PPK (post-processed kinematic) and RTK (real-time kinematic) equipment. Geosun to use IMUs in lidar scanners Geosun is integrating ACEINNA’s OpenIMU330BI and IMU383 inertial measurement units (IMUs) into lidar systems that are used to help navigate and guide airborne drone systems, especially those…
Found in Robotics News & Content, with a score of 10.84
May 29, 2021
…It also has offices in Shenzhen, Shanghai, and Suzhou, China. MegaRobo focuses on lab automation Traditional industrial robots are designed for highly standardized working environments, where robots are programmed to perform repetitive tasks on the factory floor. MegaRobo claimed that its robots are designed to be easy to use for industries beyond manufacturing. The company said its modular systems integrate machine vision and artificial intelligence. MegaRobo said its robots include fully embedded connectivity capabilities, so every robot can be used as a data-gathering terminal and transmit real-time operational data to the MegaCloud platform. MegaRobo also offers AI-based algorithms to process…
Found in Robotics News & Content, with a score of 10.73
September 26, 2023
…590,000 units worldwide.” Asia still leads the robotics world China is by far world's largest market, said the IFR. In 2022, annual installations of 290,258 units replaced the previous record of 2021 by growth of 5%. “This latest gain is remarkable since it even tops the 2021 result that was a 57% jump compared to 2020,” said the organization. “To serve this dynamic market, domestic and international robot suppliers have established production plants in China and continuously increased capacity. On average, annual robot installations have grown by 13% each year (2017-2022).” The operational stock in China passed the 1 million…
Found in Robotics News & Content, with a score of 10.67
March 25, 2022
…“We currently offer this model in the U.S., Canada, China, and Japan – in addition to Europe, where the previous version was available.” AutoStore has been in business for 25 years. Source: AutoStore A quieter system In addition to the U.S. and Canada, AutoStore said its new lift is being sold in China, Japan, and Europe. Compared with the previous 1.1 model that was only available in Europe, Bin Lift 2.0 offers notable mechanical improvements and a better user experience, thanks to significant noise reduction, the company said. “In the G2P configuration, the Bin Lift 2.0 significantly reduces the noise…
