Robotics company UBTech eyeing STAR Market for IPO

By Eliza Gritsi

Jul 16, 20191 min read UBTECH founder Zhou Jian. (Image credit: UBTECH)UBTech Robotics, a Shenzhen-based manufacturer of human-like robots backed by Tencent, said that it is considering listing on Shanghai’s new STAR Market.
Why it’s important:&nbsp…

Briefing: Profits for Midea-backed robot maker Kuka fall 80% in 2018

By Jill Shen

Mar 29, 20191 min read 美的收购的机器人巨头库卡,去年利润暴跌八成将开始裁员 – JiemianWhat happened: Two years after being acquired by Chinese consumer electronics giant Midea, German robot manufacturer Kuka reported poor results for 2018. Its sales revenues decreased 6.8% to €3…