Rethink Robotics has reached an agreement with a company in China to manufacture its products in the world’s most populous nation and fastest-growing market for industrial robots.
This is according to a report by the official state news agency, Xinhua.
The Chinese company is called Cothink Robotics and is based in Hunan, a province located nearer to the middle of the country.
Under the terms of the deal, Cothink will set up a factory in collaboration the local government and Rethink. All three parties seem to have a stake in the joint enterprise. [Read more…] about Rethink signs deal to manufacture its robots in China