ABB ranked among “Top 10 Innovative Multinational Companies of 2015”

ABB insists on innovation-driven development, fully supporting industrial transformation through innovation localization
Beijing, March 24, 2016

ABB (China) Limited was recently ranked among the "Top 10 Innovative Multinational Companies of 2015" by Global Science. This is the third consecutive year that ABB has been recognized by Global Science for its outstanding performance in R&D and continued efforts to push forward local innovation in China.

In 2015, ABB made further breakthrough in local innovation and technical applications, such as mass production of YuMi, the world’s first collaborative dual-arm robot in Shanghai; wide adoption of the new insulation materials as replacement of silicone rubber; the research on wind power integration to support the direct current (DC) transmission in northwestern China; and a pilot of 363 kV disconnecting circuit breaker (DCB) with Fiber Optic Current Sensor (FOCS) in a 330kv substation in northwestern China. Meanwhile, ABB’s locally-developed products including small industrial robot IRB 120 or "Dragon", 110kv gas insulation switchgear (GIS), the new type medium-voltage drive, doubly-fed wind power generator and HD series door entry system have been well-sold to many countries and regions after debuted in China, leading the global expansion of the “created by China”.

Dr. Qianjin Liu, Head of ABB Group’s Corporate Research Center in China and Chief Technology Officer of ABB (China) Limited, said, “I’m very glad at this recognition on ABB’s innovation capabilities and achievements. During over 100-year history, ABB has been advancing the evolution and development of many industries in the world through constant innovation. In China, we keep improving our capability in innovation localization, and help clients create more values and lower environmental impact by providing reliable, environmental friendly and smart products and technologies.”

Founded in 2005 in China which witnesses the fastest development of ABB’s R&D capabilities, ABB Corporate Research Center is one of the seven global research centers with worldwide leadership in the fields of insulation materials, small-piece assembly robots, hybrid HVDC technology and renewable energy integration technology. During the past five years, ABB China achieved doubled R&D experts, over 20% of CAGR in applied technological patents and over 30% of CAGR in patent cooperation treaties (PCT) and invention patents. Moreover it embarked on several global research projects, including 525kv extruded HVDC cable, YuMi® dual-arm robot and the substitute for sulfur hexafluoride (SF6).

Cooperation with universities is one of the ways ABB promotes technology innovation. In the past three years, ABB has invested more than RMB 10 million in collaborating with around 20 domestic universities including Zhejiang University, Hong Kong University of Science and Technology, Xi`an Jiaotong University and South China University of Technology on multiple projects including the development and application of industrial robots, renewable energy integration technology, electric vehicle charging infrastructure and industrial nanotechnology. In early 2016, ABB signed a cooperation agreement with Huazhong University of Science and Technology to make an investment of RMB1.8 million in scientific research projects, particularly topology and hardware in power and electronic fields. Furthermore, ABB has organized its “University Innovation Contest” in China four years in a row, providing a platform for Chinese students to showcase their creative ideas and research.

ABB’s R&D capability and fruits in China have been widely recognized in the society. In 2013, ABB (China) Limited was honored “Innovator of the Year” at Swiss Business Awards. In 2014 and 2015, ABB was successively rated among the "2013 Top 10 Most Influential Research and Development Centers" and the "Top 10 Innovative Multinational Companies of 2014" by Global Science. At the end of 2015, ABB was recognized with nine local companies ranking among “China Top 100 Electric Companies” by Electric Age, and was also named among “China’s Top 10 Electric Companies by Innovation Capability”.



Global Science, the official Chinese version of the well-known science journal Scientific American, cooperated with McKinsey (China) to establish a selection committee made of experts, industry consultants, Scientific American global advisors, members of the media, and leaders from domestic and overseas technology companies. The committee ultimately determined the “Innovative Companies of 2015” ranking and individual awards based on 13 factors such as total R&D investment, research strength, commercialization of technologies, R&D achievements, innovation processes, and talent training.

ABB is a leading global technology company in power and automation that enables utility, industry, and transport & infrastructure customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in roughly 100 countries and employs about 135,000 people. ABB has a full range of business activities in China, including R&D, manufacturing, sales and services, with 18,000 employees, 40 local companies, and an extensive sales and service network across 147 cities.

For more information on ABB, please visit:
http://new.abb.com/cn, Sina Weibo: @ABB China, Official WeChat Account: abb_in_china, Official WeChat QR Code:
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