SWX:ABBNElectrical
ABB China AGV Push Tests Valuation And Growth Expectations
ABB (SWX:ABBN) is expanding its robotics and automation operations in China to serve rising demand for Automated Guided Vehicles (AGVs) in logistics and manufacturing.
The company is targeting the fast growing e commerce and warehouse automation market, where AGVs support high volume order fulfillment and material handling.
This move focuses on integrating AI, IoT, and Industry 4.0 capabilities into AGVs for Chinese customers.
For you as an investor, this development sits at the...