Kuka to build personal assistance robot business with Midea

Midea-products
Some of the products Midea manufactures

Kuka, one of the world’s largest manufacturers of industrial robotic arms, is planning to expand into the area of personal assistance robotics. 

This is according to an article on FT.com, which quotes Kuka chief executive Till Reuter.

Reuter told the FT that he sees potential for using Midea’s reach into the household appliances market to develop more complex, intelligent machines which can help with household tasks.  Continue reading Kuka to build personal assistance robot business with Midea

Kuka takeover bid welcomed by Reuter, according to Reuters

kuka till reuter
Dr Till Reuter, chief executive of Kuka

The boss of Kuka has welcomed the takeover bid by Chinese company Midea, according to the Reuters news agency. 

Dr Till Reuter, chief executive of Kuka, is said to have made the comments at a shareholders’ meeting today.

Speaking of the proposal by Midea, Dr Reuter says: “The bid, as it has been announced, can support our strategy.”   Continue reading Kuka takeover bid welcomed by Reuter, according to Reuters