“The Chinese robotics sector is behind in R&D capabilities and expertise,” said Harrison Po, consultant for Topology Research Institute (TRI), a division of TrendForce. “However, dedicated domestic suppliers have emerged and the country continues to import industrial robots from major foreign manufacturers in order to keep the rising labor costs in check.”
The latest photovoltaic (PV) price update by EnergyTrend, a division of TrendForce, shows the downstream sector of the industry has been seeing brisk orders since the start of June. Stock up demands for this month also starts to pick up following this turnaround.