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Business

Yaskawa unfazed by Midea's acquisition of Kuka

Yaskawa Electric President Hiroshi Ogasawara

KITAKYUSHU,Japan -- Chinese home appliance maker Midea Group has made a splash in the global robot industry with its acquisition of major German industrial robot manufacturer Kuka.

Midea's move comes despite its partnership with Yaskawa Electric, one of Kuka's two main Japanese rivals -- the other being Fanuc. Midea and Yaskawa have set up two joint ventures for robot production in China in the past year.

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