Business / Corporate Mar 27, 2018

Mitsubishi Electric to boost factory automation system production

Mitsubishi Electric Corp. said Tuesday it is planning to invest more than ¥30 billion to increase output of its factory automation system products to meet increasing demand. The electrical machinery-maker is considering building a new plant near its existing facility in Owariasashi, Aichi Prefecture, and ...

Robots may help defuse demographic time bomb in Japan and Germany

Business / Economy May 30, 2017

Robots may help defuse demographic time bomb in Japan and Germany

Japan and Germany may be sitting on a ticking demographic time bomb where aging populations begin to drag down economic growth. Good thing they're also prime candidates for robot revolutions. Increased automation and more use of robotic technology in these manufacturing powerhouses could help cushion ...