Data-center orders grew at a triple-digit rate year over year in Q3, helping lift ABB’s total order intake to a record $12.1 billion.
Group orders rose 40%, while revenue increased 14% to $9.7 billion.
ABB says it is expanding capacity gradually, improving productivity through automation and selectively using third-party assembly. Capital spending is running at about $1 billion, a level the company does not expect to increase further over the medium term.