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To survive China’s cost-conscious market, global brands embrace AI and robots

Source: scmp.com scmp.com
News Snapshot:

Multinational companies have expanded their use of AI and robotics in China to survive “life or die” competition in the world’s second-largest consumer goods market, where local rivals have sharpened their edge and shoppers often switch between brands for better value, analysts said.L’Oréal, for example, has accelerated its deployment of artificial intelligence and automation to support its growing e-commerce footprint and operational needs. After launching a smart operations centre in Suzhou, east China, the cosmetics giant rolled out automated sorting systems, mobile robots and intelligent storage to speed up deliveries.The French multinational opened the second phase of its UPX smart…

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