ABB announced a process to propose to its Annual General Meeting 2026 to decide on a 100 percent spin-off of its Robotics ...

ABB Ltd. plans to spin off and list its robotics unit next year as the Swiss manufacturer aims to improve its least profitable division as a standalone company. The business, which makes ...

Swiss industrial group ABB became the first manufacturer to sell 100,000 robots in 2002, not 2020 as incorrectly stated in a Lex note on April 25.

ZURICH (Reuters) - Swiss industrial group ABB on Thursday announced plans to spin off its robotics division in the biggest shake up at the company since it sold its power grids business to Japan’s ...

Multibagger ABB share price gains during the intraday trades on Monday. The company announced its plans to spin off its robotics division as a separately listed company post market hours on Thursday ...

Vention, creator of the world's only full-stack software and hardware automation platform, will unveil major product ...

In a separate statement, ABB reported first-quarter earnings of $1.1 billion on Thursday, up from $905 million in the previous year. The company's sales rose slightly by about 1% to $7.9 billion.

Now, another name has emerged in the field: Huu Trung, a Vietnamese founder born in 1993, who has launched ELBOT – a six-axis industrial robot arm made with 80% locally sourced components and a ...