Japanese robot manufacturer FANUC recently downgraded its financial predictions. It pointed out that due to inventory adjustment, robot orders in 2Q23 massively decreased. Factory...

Japan-based Fanuc recently delivered its 750,000th industrial robot to a Europe-based client, according to president and CEO Shinichi Tanzawa for Fanuc Europe.

Worldwide industrial robots installation reached only 421,000 units in 2019, slightly lower than 2018's 422,000 units, marking the first on-year drop in seven years, according to...