Universal Robots sees strong growth in Asia

Universal Robots, a leading provider of collaborative robots, announced 2017 revenue of $170 million. That represents 72 percent growth for the Odense, Denmark-based company. Jürgen von Hollen, president of Universal Robots, told The Robot Report the company had its best quarter ever in Q4 2017. The returns of $54 million were a 61 percent improvement from the same…

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