of Luxembourg.įANUC is the largest maker of industrial robots in the world. These companies are principally FANUC Corporation ( ファナック株式会社, Fanakku Kabushikigaisha) of Japan, Fanuc America Corporation of Rochester Hills, Michigan, USA, and FANUC Europe Corporation S.A. Learn how your comment data is processed.FANUC ( / ˈ f æ n ə k/ or / ˈ f æ n ʊ k/ often styled Fanuc) is a Japanese group of companies that provide automation products and services such as robotics and computer numerical control wireless systems. The new models provide 5 kg, 20 kg and 25 kg payload capacities, providing heaving and lighter payloads than the original cobots in the line. The CRX line of cobots are designed for a variety of applications, including inspection, machine load/unload, packing, palletizing, sanding, welding and more. In March 2022, FANUC added three new models to its CRX cobot series. While FANUC’s operating profit shrank from the first to second quarter of this year due to higher material and logistics costs, its net profit increased due to the company booking 7.7 billion yen, over $57 million, in equity method investment gains from Chinese joint ventures. Quarterly orders from China dropped 15% because of low orders for numerical control machines. Quarterly orders for the Americas rose 47% due to large orders from the automotive industry. Collaborative robotic arm (cobot) leader Universal Robots also said its demand in China was reduced due to COVID lockdowns.įANUC’s quarter orders, which are typically early indications of earnings, hit 234 billion yen, around $1.7 billion, a 4% increase. Pudu’s CEO, Tao Zhang, cited downward shifts in the global economy for the layoffs. There have been reports of major layoffs at Pudu Robotics, a Chinese developer of commercial service robots. Shanghai’s recent COVID-19 lockdown delayed product deliveries, but FANUC president Kenji Yamaguchi said during the earnings call that demand in China has not changed before or after the lockdown.įANUC isn’t alone in facing struggles in China, however. While FANUC’s sales overall increased, the company did see a 12% drop in sales to China, one of the company’s biggest markets. FANUC’s sales increased 14% to 211.5 billion yen, over $1.5 billion. The company said it had strong demand for its robots in lithium-ion battery plants, due to growth in the electric vehicle market, and in the logistics and food industries. | Source: FANUC AmericaįANUC recently closed its April-June quarter with a net profit of 42.1 billion yen, around $313 million, a nearly 5% increase from last year.
FANUC opened its headquarters in Aguascalientes, Mexico in July 2022.
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