China’s spending on robotics to hit $59.4b in 2020: IDC

Robot Jia Jia displays at the 2016 World Robot Exhibition in Beijing, Oct 21, 2016. [Photo/Xinhua] SHANGHAI – International Data Corp (IDC) reports that China will be spending $59.4 billion on robotics and related services by 2020. As the largest and the fastest growing robotics market in the world, China will account for over 30 percent…