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Midea and Yaskawa close industrial robotic joint venture · Endata

◂ Announcements

Automation and Roboticsworld trade 2024+4.2% 5Y CAGR

Jul 7, 2020CLOSUREChina

Midea and Yaskawa close industrial robotic joint venture

Midea announced the closure of its industrial robotic joint venture with Yaskawa China, established five years ago. Midea owned 49% of the joint venture. The end of cooperation was attributed to conflict of interest after Midea's acquisition of KUKA in 2017.

Status

Completed

Productsindustrial robots

CompaniesMidea Yaskawa China partner

Sectors#Automation and Robotics

“Midea announced that the industrial robotic joint venture established with Yaskawa China five years ago is officially closed.”equalocean.com

1 source
equalocean.comMidea Ends Cooperation with Yaskawa, Closes the Robotic Joint Venture | EqualOceanJul 7, 2020

Summarized from public sources; check the original articles before acting on it.

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