Robots: The new gamechanger for Chinas supremacy in everything, including trade
Bidhu Bhushan Palo | @TheDollarBiz Automotive industry accounts for almost 40% of industrial robot demand, but sales to other sectors such as metal working, electronics, and food industry are growing. Sales to pharma and cosmetic industry grew 69% (y-o-y) in 2013, according to World Robotics Robotics have truly come of age – from toy-like pigmy structures with antennas we saw in movies a few decades ago to industrial arms that manufacture cars, kill Ebola virus, run electricity grids, explore oil reserves and breach borders. BMW’s Dr. Stefan Markus Baginski explains the increasing role of robots in future. He says, "If we look at how extensively our mobile devices are linked together with the telephone network, social platforms and cloud ...
