Denmark's Universal Robots A/S (UR) may set up a Thai subsidiary once the Southeast Asian market has a sizeable demand for industrial robots, probably in the next five years.
An employee of Universal Robots’ Chinese office demonstrates the potential of one of the company’s offerings. Rising wages and restrictions on foreign workers make Southeast Asia a prime target for the Danish company’s further expansion, with an office in Thailand possible within five years.
"With minimum wages in many countries in Southeast Asia and levies imposed on foreign workers, the robot outlook is very positive, as manufacturers will be forced to look for alternatives," said Shermine Gotfredsen, the business development manager.
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