Swiss conglomerate ABB is reevaluating plans to spin off its robotics division and is now exploring a possible sale instead, sources familiar with the matter said. The move represents a significant strategic shift under new CEO Morten Wierod, as the company navigates intensifying market competition and geopolitical uncertainty in the global robotics sector.
ABB reportedly weighs multibillion-dollar sale of robotics unit, recasts spin-off plans
16
May