Robot Maker Kuka Wins New Chinese Auto Business

Newswire

* Kuka opens new factory in Shanghai * Wins Chinese orders for total of 1,375 robots * CEO says sees no saturation in Chinese auto market * Kuka aims to more than double sales in China in 3-5 yrs * Shares up 1.9 percent (Recasts, adds CEO comments, further details) FRANKFURT, Dec 10 (Reuters) - Industrial robot maker Kuka opened a new factory in Shanghai on Tuesday and announced multi-million euro orders for industrial robots from China's automotive industry. Kuka is banking on growth in ...

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