Mike Wilson, marketing manager at Fanuc Robotics in Coventry, says of the improvements in robot performance: 'Our new ARC Mate welding robot, for example, is 30 per cent cheaper in real terms than a similar model three years ago.
Models from three years ago were 70% more expensive than they are now
per the statement, they are 30% cheaper now, so that would mean that three years ago they were 70% more expensive