# 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.

- Type: Closure
- Announced: 2020-07-07
- Where: China
- Status: completed
- Products: industrial robots
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Midea](https://endata.com/companies/1678.md)
- [Yaskawa China](https://endata.com/companies/48389.md) (partner)

## Sources

- [equalocean.com](https://equalocean.com/briefing/20200707230002367), 2020-07-07: "Midea announced that the industrial robotic joint venture established with Yaskawa China five years ago is officially closed."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.