Posts Tagged ‘robot’

Nothing Artificial About China’s Kalends Latest U.S. Investment

robotChinese Internet game distributor Kalends plans to invest USD800,000 into American new-generation robot company Woobo Inc. With this deal, Kalends …

CASIC Creates New Chinese Robot Company

The Chinese company known for making cruise missiles and anti-aircraft artillery will now establish a smart robot company. With an undisclosed capitalization level, China Aerospace Science & Industry Corporation aims to create a leading company in the Chinese smart robot industry via various measures including introducing strategic investment. CASIC’s intelligent robot company is positioned as […]

What Interests Alibaba And Foxconn About SoftBank’s Robot Subsidiary?

Alibaba Group announced that the company and Taiwan-based Foxconn have made strategic investments of JPY14.5 billion, which is about CNY732 million, into SoftBank Robotics Holdings Corporation. Under the agreement signed by the three parties, Alibaba and Foxconn will hold a 20% stake in SBRH, respectively; while SoftBank will own the remaining 60%. Alibaba, Foxconn and […]

Kimchi Fridge: Samsung Opens Chinese Appliances Experience Store

Samsung has opened its first appliances experience store in China in the Suning Taipingzhuang branch in Beijing.