Dubai – Masaader News
US companies installed more robots last year than ever before, as cheaper and more flexible machines put them within reach of businesses of all sizes and in more corners of the economy beyond their traditional foothold in car plants.
Other sectors boomed. Shipments to food and consumer goods companies surged 60 percent compared to the year before. Shipments to semiconductor and electronics plants were up over 50 percent, while shipments to metal producers rose 13 percent.
Pressure to automate is growing as companies seek to cut labor costs in a tight job market. Many companies that are considering bringing work back from overseas in response to the Trump administration’s trade wars may find automation the best way to stay competitive, even with higher-cost U.S. workers.
This article and video were taken from Reuters and World Economic Forum site.