China is using robots because they are cheaper than people – Itac

Companies in Asian nations are starting to bring manufacturing operations back into their largest sales markets.

In doing so, they are using robots and new automated technologies to create factories without human workers because it’s getting too expensive to pay these employees.

In China, for example, manufacturing wages are currently nine times greater than they were in 2000, according to Merrill Lynch.

Some of the companies taking this approach include Apple, Nike, and Adidas, according to The Wall Street Journal.

Bringing these operations back to the largest sales markets allows companies to reduce warehousing costs and shipping fees and speeds up the time it takes to bring new products to market.

Read more: China is using manufacturing robots because it’s getting too expensive to pay people – Itac

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Mike Rawson

Mike Rawson has recently re-awoken a long-standing interest in robots and our automated future. He lives in London with a single android - a temperamental vacuum cleaner - but is looking forward to getting more cyborgs soon.

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China is using robots because they are cheaper than people – Ita…

by Mike Rawson time to read: 1 min
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