Chinese firms bid for German robot maker poses dilemma for Merkel


  • TECH
  • Friday, 20 May 2016

Merkel's baby: Merkel champions domestic innovation of the industrial Internet.

BERLIN: A US$5bil (RM20.3bil) bid by Chinese home appliance maker Midea Group to buy German industrial robot manufacturer Kuka AG poses a dilemma for Angela Merkel.

The conservative chancellor champions domestic innovation of the so-called industrial Internet and her ruling coalition has made "Industrie 4.0", the digitisation of industry, a core part of its strategy for building Germany's economic future.

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