Strong demand for Industrial Automation at Universal Robots and Mobile Industrial Robots (MiR), the robotics activities at Teradyne, led to a growth in sales of 33% in first quarter of 2021, Teradyne reported.
Teradyne reported revenue of $782 million for the first quarter of 2021, of which $528 million was in Semiconductor Test, $133 million in System Test, $41 million in Wireless Test and $80 million in Industrial Automation (IA). The division IA saw a growth of 33% due to demand for robotics at subsidiaries Universal Robots and Mobile Industrial Robots.
“Coming off a strong 2020, we continued to grow both our Test and Industrial Automation businesses resulting in first quarter revenue growth of 11% compared to one year ago,” said Teradyne President and CEO Mark Jagiela. “Test demand for automotive, industrial, memory, and mobility remain strong and growing. The Industrial Automation recovery is in full swing with 33% growth compared to Q1 2020.
Mobile Industrial Robots (MiR) separately announced a 55 percent increase in sales in Q1 2021 over the same period last year. A large number of Q1 sales are of the MiR250, MiR’s latest and most compact AMR, with multiple orders from multinational organizations that continue to invest in large fleets of MiR robots as they automate material handling and internal logistics.