Chinese manufacturer of industrial robots HIT Robot Group is partnering with South Korea’s Golden Jumping Group to expand both companies’ businesses in each other’s countries.
The deal will see the establishment of a joint venture company in Pohang, South Korea, and a new HRG office is also planned for the country, according to China Money Network.
The two companies say they will co-operate with local governments and research and educational institutions both in China and in South Korea. [Read more…] about China’s HIT Robot Group launches joint venture with South Korea’s Golden Jumping Group