China’s Robotics & Automation industry on track

The Covid-19 lockdowns heavily disrupted demand for Chinese automation and robotics in April and May of this year, with significant interruptions to logistics and production during that period. The ability to manage supply chains whilst being agile was key for manufacturers during the China lockdown. “We continue to believe that Chinese players who are able to demonstrate strong management of local supply chains are likely to gain further market share during such periods of disruption,” writes Marcus Chu, Investment Analyst, Mirae Asset Global Investments.

However, chip availability remains a bottleneck for automation and robotics brands with little signs of improvement in the near term, writes Chu. “Recent distributor and corporate calls still cited the chip shortages as a key reason for robotics production delay.”

Read the full insight at Miraeasset.com.