FILE PHOTO: The logo of ABB is pictured at the Global Industrie exhibition in Villepinte near Paris, France, March 26, 2024. REUTERS/Benoit Tessier/File Photo
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 Hitachi in 2018.
The business is the world's second-biggest industrial robot maker after Japan's FANUC Corp and competes with rivals including Yaskawa and Germany's Kuka.
