KUKA and Midea strengthen cooperation in China
Evidence notes
- KUKA and Midea formed three 50/50 joint ventures in China, including a robotics JV controlled by KUKA.
- The partners announced a Shunde robot park plan targeting up to 75,000 robots and AGVs annual capacity by 2024.
Company context
Industrial robotics and automation supplier; KUKA robot arms are used across manufacturing and construction automation applications.