Chinese industrial robots to meet ‘epic’ opportunity amid slowing economy, says exec
The businessman attributed part of the robot industry's brisk development over the past few years to policy support and market promotion.
Tag Efort
Industrial robot maker Efort records 47% leap in H1 revenue, losses narrow
As China's efforts to supplant imports with homegrown technologies gather momentum, Efort is poised to consolidate its position in the domestic market.
Industrial robot maker Efort posts over US$25m in net loss; extends loss for 7th consecutive year
In response to a subsequent wave of industry-wide price hikes, Efort adjusted the price tags on its products, raising prices by 3%-10% across the board.
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