ABB Weighs Robotics Unit Sale

ABB is surprisingly considering selling its robotics division. This potential spinoff aims to reshape ABB's strategy. The company wants to focus more on core growth areas. This move has significant implications.

Robotics Division's History

For decades, ABB led the robotics industry. The company became a leader in industrial automation. ABB deployed many robots globally. These robots improved manufacturing greatly. They also cut costs and boosted output. ABB's innovation shaped modern robotics. It helped industries automate further.

Robotics' Importance to ABB

The Robotics and Discrete Automation unit drives revenue. It also increases ABB's market share. This division supports manufacturing and supply chains. Furthermore, it develops advanced AI and machine learning. However, its strategic fit is now questioned. This leads to the potential sale and spinoff.