Chinese Service Robot Makers Target Overseas Expansion...
China News
January 12, 2024
Faced with intense domestic competition that has narrowed profit margins, Chinese service robot manufacturers are increasingly looking to expand their businesses in overseas markets. Countries with high labour costs, such as the United States, have shown a rising demand for service robots in recent years, presenting lucrative opportunities for Chinese companies. To capitalize on this trend, Chinese robot producers are adapting their products and designs to enhance the user experience.