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ABB's new factory in Shanghai, China. /ABB
Swiss tech giant ABB on Friday officially opened its largest and fully automated robotics factory in Shanghai where "robots make robots."
The mega factory in the Pudong New Area is the largest robotics research and development, manufacturing, and application base of ABB worldwide, the company said. It involved an investment of $150 million and covers an area of 67,000 square meters.
As one of three ABB Robotics factories worldwide, the new facility in Shanghai, which replaces the existing site, will support customers in Asia, ABB said.
"This manufacturing and R&D facility brings to life our vision for the factory of the future – where flexible automation makes production and intra-logistics more resilient, faster and more efficient," said Marc Segura, President of ABB Robotics, in a press release.
ABB predicts that the global robotics market will grow from $80 billion now to $130 billion in 2025. China is the world's largest robotics market, accounting for 51 percent of global robot installations in 2021, surpassing the one-million-unit mark of operational robots in the same year, the press release said.
(With inputs from Xinhua)
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