Yoshiaki Nohara, Toru Fujioka, and Daniel Moss for Bloomberg: A withering factory town in Japan’s Rust Belt is looking for revival through a dose of Prime Minister Shinzo Abe’s "robot revolution."
Kadoma’s population has declined 13 percent as the nation ages, prompting mergers among elementary schools and emergency services departments. Factories can’t find enough people to run assembly lines, further threatening an industrial base that includes titan Panasonic Corp. and smaller businesses like Izumo Co., a maker of industrial rubber.
Yet Izumo President Tsutomu Otsubo doesn’t believe the solution involves finding more people. He’d rather find more machines to do the work so his company can capitalize on Abe’s plan to quadruple Japan’s robotics sector into a 2.4 trillion yen ($20 billion) industry by 2020. Cont'd...
Stäubli robots for sensitive environments introduced at PACK EXPO, end-to-end solutions for sensitive industrial applications.
Brenton Garen for ETF Trends: This year has seen another crowded field of new exchange traded funds come to market and within that group are plenty of niche funds, indicating that ETF issuers continue to slice and dice investment ideas into increasingly fine fund packages.
The Global X Robotics & Artificial Intelligence Thematic ETF (NasdaqGM: BOTZ) is one of those niche funds. BOTZ provides exposure to companies involved in the adoption and utilization of robotics and artificial intelligence (AI), including those involved with industrial manufacturing, medicine, autonomous vehicles, and other applications.
BOTZ follows the Indxx Global Robotics & Artificial Intelligence Thematic Index. The ETF, which debuted in September with the Global X FinTech Thematic ETF (NasdaqGM: FINX) and the Global X Internet of Things Thematic ETF (NasdaqGM: SNSR), holds 28 stocks with an average market cap of $8.8 billion, putting the ETF in mid-cap territory. Cont'd...
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