Fanuc's orders dry up as trade war hits China robot demand

Japanese automation company cuts profit forecast for second half

20180725N Fanuc (REUTERS)

Chinese buyers of Fanuc's factory automation systems have curbed orders as the U.S.-China trade war progresses.

SHINTARO TERAI, Nikkei staff writer

TOKYO -- Fanuc's decline in orders amid an otherwise bright April-June quarter suggests Chinese buyers are pulling back on investment over fears of damage from a trade war with the U.S., setting up the Japanese robotics and automation company for a rough year.

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