Wahaha expands robot production
Jason 2016-04-06 17:30:27
|China's largest beverage producer Hangzhou Wahaha Group Co Ltd is planning to set up a new factory to expand the production of industrial robots as part of a business transformation.
The value of the investment was not revealed, but Chairman Zong Qinghou told China Daily the figure could be significant.
"Besides sticking to our main business of beverages, we will largely develop intelligent manufacturing to promote our company's business transformation and upgrading," said Zong, who ranked fourth in the mainland on the 2015 Hurun Rich List, with a personal wealth of 120 billion yuan ($18.57 billion).
Zong said the company is seeking robot technologies from Israel for its new factory to be built in Lin'an in East China's Zhejiang province.
Wahaha has been involved in robotic research and development since 2011. It has developed industrial robots, which are used for packaging, palletizing and production material delivery.
Zong added that the competition in the Chinese robot market is fierce and the company is also developing key parts of robots, such as servo motors and servo drives.
"We look favorably on the prospects for the industry," said Zong.
The above news was reproduced by China towel supplier Shenzhen City Dingrun Light Textile Import and Export Corp.Ltd, a company specialized in producing baby diapers, baby bibs, blankets, bath towels, tea towels, compressed towels, microfibier towels etc.