The relationship between ABB and China can be traced back to 1907 at the beginning of the last century. At that time, ABB provided China with the first steam boiler. In 1974, ABB established its China business unit in Hong Kong and established an office in Beijing in 1979. In 1992, ABB invested and established its first joint venture in Xiamen. In 1994, ABB relocated its headquarters in China to Beijing and officially registered its investment holding company, ABB (China) Co., Ltd., in 1995.
After years of rapid development, ABB has established 36 enterprises in China and sales and service branches and offices in 90 cities. It has a comprehensive business of research and development, production, engineering, sales and services, and approximately 19000 employees. In 2012, ABB’s sales revenue in China exceeded 5.2 billion US dollars, maintaining ABB Group’s position as the world’s second largest market.
ABB has established strong production, engineering, and service bases in areas such as power transmission and distribution, automation products, and systems through close cooperation with local partners in China. The business includes a complete series of power transformers and distribution transformers; Application of high, medium, and low voltage switches; Electrical transmission system and motor, etc. These products have been widely used in industry, commerce, electricity, and public utilities.
Driven by ABB China’s strategic initiatives, its service business has maintained a strong upward trend, with sales revenue and order volume both achieving nearly 15% growth. In 2012, ABB built three new service centers in Suzhou, Nanjing, and Guangzhou to further connect with customers.
In 2012, ABB launched two industrial robots and leading solutions to further expand its product portfolio. ABB robots are not only widely used in traditional automotive industry, but also continuously expanding new applications in fields such as 3C, food and beverage, medicine, and feed processing. ABB robots not only help domestic customers improve production efficiency and reduce operating costs by up to 50%, but also liberate workers from intensive and repetitive physical labor, while significantly improving product quality.
On March 6, 2013, ABB announced its business performance in China for 2012, with stable growth in sales revenue exceeding 5.2 billion US dollars. This performance was mainly due to the increase in market demand for improving domestic manufacturing and infrastructure construction, as well as the sustained growth of ABB’s export business.
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