After China-based Midea Group acquired a 100% stake in the Germany-based robotics giant Kuka, the industrial robotics industry is expected to experience a reshuffle.
Demand for industrial robots in the Asia Pacific market will see explosive growths, especially in China, Japan, South Korea and Taiwan, according to Germany-based Kuka.
Kuka Robotics, as the world's leading maker of robots used in automobile manufacturing, has been making efforts to extend robotic application to other manufacturing sectors, especially...