Partnership to tap China鈥檚 robot market
Print Edition
ROBOT maker giant Kawasaki Heavy Industries Co plans to tie up with a Chinese conveyor manufacturer to tap the world’s biggest industrial robot market, the Japanese company told Shanghai Daily yesterday.
Kawasaki Heavy intends to establish a joint venture with the Chongqing-based company, whose name it refused to disclose, as early as this month, spokesman Yoshiyuki Inugasa said.
Kawasaki Heavy will hold more than 50 percent of the stake in the venture.
The collaboration between Kawasaki Heavy and the Chinese conveyor maker is expected to boost the sales of both companies by providing efficient welding and painting lines for automakers, the Japanese company said.
The joint venture also plans to make simple industrial robots in the future.
Kawasaki Heavy also said it will start operating its own factory in Jiangsu Province this month as it aims to more than quadruple its total sales of industrial robots in China to 45 billion yen (US$362 million) by 2020.
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