TOKYO -- Japanese factory robot maker Fanuc earned a group net profit of 42.1 billion yen ($308 million) in the April-June quarter, up nearly 5% on the year, thanks to strong demand from the electric vehicle industry.
Technology
Robot maker Fanuc's profit up 5% as EV industry drives record sales
Japanese manufacturer sees little improvement in supply chain constraints
Manufacturers have invested in Fanuc's factory robots to deal with the shortage of labor. (Photo by Yuki Fukumoto)
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