Yaskawa/Iwatani International in China robot joint venture

Citation

(1998), "Yaskawa/Iwatani International in China robot joint venture", Industrial Robot, Vol. 25 No. 2. https://doi.org/10.1108/ir.1998.04925bab.009

Yaskawa/Iwatani International in China robot joint venture

Yaskawa/Iwatani International in China robot joint venture

China's first industrial robot joint venture, an effort by Yasawa Electric, Iwatani International and an important Chinese steel company, has completed work on its factory and begun manufacture. Sales will go primarily to China's transportation device makers. National companies in China are increasingly turning to industrial robots to lift productivity, and the joint venture targets sales in excess of four billion yen per year after five years. The new factory is located outside Beijing in an economic and technological development zone. It will begin by importing major components from Japan for local assembly, but it will endeavour to increase local acquisition as rapidly as possible. It will produce three types of robots. Yasawa is 43 per cent owner of the company, and Iwatani 12 per cent.

(Source: BRA)