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Kawasaki to set up a JV to make robots in Chongqing
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JAPAN'S robot maker giant Kawasaki Heavy Industries Co plans to tie up with a Chinese conveyor manufacturer to fasten its pace of tapping the world's biggest industrial robot market, the company told Shanghai Daily on today.
Kawasaki Heavy intends to establish a joint venture with the Chongqing-based company specializing in conveyors as early as this month, with Kawasaki Heavy to hold more than 50 percent of the stakes, company's spokesman Yoshiyuki Inugasa said.
The collaboration between the Japanese robot maker and the Chinese conveyor is expected to boost the sales of both companies by providing efficient production lines for automakers in areas like welding and painting, the company said.
The joint venture also plans to produce simple industrial robots in the future.
Japanese robot manufactures used to limit their involvement in China due to concerns of technology leaks. But they can’t shun the growing market, already the world’s largest now. Yaskawa Electric Co, among the few examples, bought 20 percent stake of welding machine manufacture Kaierda Group in 2014.
While ABB Group of Switzerland and other European companies have established footholds in China largely based on their active involvement.
Respond to that, Kawasaki Heavy also said it will start operating its own factory in Jiangsu Province this month, aiming to more than quadruple its total sales of industrial robot operation in China to 45 billion yen (US$355 million) by 2020.
China was the world's largest market for industrial robots in 2014 with 56,000 units sold, and is expected to account for one-third of the global industrial robot market in 2017, the International Federation of Robotics said.
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