Swiss conglomerate ABB plans to have its state-of-the-art robotics factory in Shanghai fully operational by the end of 2020, Channelnewsasia reported.
According to Channelnewsasia, robots will be used to produce robots for diverse industries in the new USD 150 million factory located near ABB's China robotics campus.
"Shanghai has become a vital centre for advanced technology leadership – for ABB and the world," ABB Chief Executive Ulrich Spiesshofer said in a statement pertaining to the announcement of the planned robotics factory.
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