ABB INVESTS 1.6 BILLION US DOLLARS IN TECHNOLOGY

摘要

ABB, a leading power and automation company, recently said it invests roughly 1.6 billion US dollars in research and order-related development each year. The announcement came as the company released the ABB Group Technology Report, a summary of achievements from its research and development teams working in laboratories around the world. "Research and development is the lifeblood of all technology-based companies," ABB chairman and CEO Jurgen Dormann said.