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Shenzhen-listed Midea wants to lift its stake in Kuka to at least 30% from the current 13.5%, for a price that would value the German high-end robotics maker’s shares at $5.2 billion.
When robot maker Kuka announced that it would be pitting its Agilus robot against table tennis star Timo Boll last month, we expected a fair fight. Conditioned professional human athlete against a ...
Kuka AG, the German robot maker acquired last year by Midea Group Co. of China, needs to lower costs and win government recognition as a local brand to achieve its goal of becoming the No. 1 ...
Industrial robot maker Kuka opened a new factory in Shanghai on Tuesday and announced multi-million euro orders for industrial robots from China's automotive industry. A staff from German ...
German robot maker Kuka is envisioning sales of €1 billion (US$1.24 billion) in China by 2020, more than double its current business in the world’s largest robotics market by leveraging parent ...
today announced the availability of the new KUKA KR 100-2 PA(tm) palletizing robot. The new robot and KUKA's KR 180 PA(tm) robot are the only robots made in part from state-of-the-art carbon fiber ...
German industrial robot maker Kuka on Saturday said it was planning to replace its CEO Till Reuter. In a statement, the DAX-listed company said the head of the supervisory board and Reuter "are ...
Chinese electrical appliance manufacturer Midea’s move to acquire Kuka, the German robot maker, could be a defining moment in the evolution of China’s manufacturing sector. China’s reliance ...
BERLIN (Reuters) - Germany denied interfering in Chinese home appliance maker Midea's 4.5 billion euro ($5 billion) bid for industrial robot maker Kuka on Friday, saying it was not organising a ...
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