TOKYO -- Industrial robot maker Fanuc enjoyed an uptick in earnings last fiscal year, but it has yet to regain its highs from last decade as investments -- primarily in robots to make its robots -- aimed at tapping Chinese growth have failed to pay for themselves as quickly as hoped.
Technology
Fanuc regains earning muscle but grapples with investment burden
Robot powerhouse back to 20% profit margin
Demand for Fanuc's factory automation equipment has improved, but the Chinese market is proving trickier than expected. (Photo by Shinya Sawai)
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