Robot maker eyes expansion

Kuka AG plans to produce and sell half of its robot products in China

Kuka AG, a German industrial robot manufacturer now owned by appliance maker Midea Group, aims to make China its fastest-growing market worldwide, with half of its robots produced and sold in the country by 2020.

Andy Wen, CEO of Kuka Robotics China, the local arm, said such a projection is based on the fact that between 35 percent and 38 percent of Kuka's global robot sales revenue was generated in China in 2016, and the company's goal is to raise the figure to 50 to 55 percent by 2020.