By Frank Tobe, editor/publisher, The Robot Report Last week I attended the 7th Annual Remote Presence Clinical Innovations Forum hosted by InTouch Health in Santa Barbara, CA, a two-day users conference disseminating the latest information regarding a wide range of telemedicine-related topics through presentations and workshops. The keynote address, by Yulun Wang, Chairman and CEO of…
Picking Robotics Stocks Is Complicated; Some Are A Waste Of Time
By Frank Tobe, Editor and Publisher The Robot ReportA copy of this article also appeared on RoboticsTomorrow.com,IT Business Net, A New Domain Net and ECN Magazine. “Pure play” is an investment term that refers to a company which is exclusively focused on a particular product or service. An investor buys stock in pure play companies…
Stocks of Robot Manufacturers Still Recovering
Click image to enlarge The latest ROBO-STOX™ chart – covering the four year period from 12/31/2007 to 12/31/2011 – shows that worldwide stock performance of robotic stocks over the last four years has been disappointing for investors. Robotic industrials are still down 28% from their 2007 highs and did poorer than the Dow Jones Industrial…
Huge employer in China makes big step toward robots
Copied and cross-linked with permission from: The New Economy, November 17, 2011Foxconn, a big contractor for Apple and others, breaks ground for robot facilities. It plans to replace 500,000 workers with 1 million robots. Workers are seen inside a Foxconn factory in the township of Longhua in China’s southern Guangdong Province in this 2010 photo. After a spate…
Robot Industry Stock Information Lacking
In early 2008 I asked my Merrill Lynch broker for a list of stocks of American robot manufacturers. He couldn’t provide me with more than two. So I went online with Bloomberg and found a list of 120 companies involved with automation. When I researched them, there were only a few in the U.S. and…