ABB to Invest $150 Million in Robotics Factory in Shanghai
An ABB IRB 1600ID industrial robot stands on display at the ABB Ltd. exhibition stand during the Automatica trade fair in Munich, Germany. (Photographer: Martin Leissl/Bloomberg)

ABB to Invest $150 Million in Robotics Factory in Shanghai

(Bloomberg) -- ABB Ltd. will invest $150 million to build a robotics factory in Shanghai, as the Swiss manufacturer capitalizes on China’s rising consumption and aspiration to transform into a tech...
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