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Chinese Auto Parts Suppliers Turn to Robotics Amid Margin Shrinkage
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Chinese Auto Parts Suppliers Turn to Robotics Amid Margin Shrinkage
As profit margins in China’s automotive industry decline, auto parts manufacturers are increasingly turning to robotics as a new avenue for growth. They are leveraging their manufacturing, supply chain, and component expertise to tap into what they believe could become a vast future market. One company is heavily investing both capital and personnel to grow its intelligent robotics division into a “second company,” according to the chairman of a…
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