Friday, June 3, 2016

Germany: the “Mittelstand” against the Chinese offensive – The World

Industrial robots  Kuka produce S-Class Mercedes-Benz on the Daimler  website Sindelfingen, Germany, November 2015 .

the case sums up all the successes and contradictions of made in Germany. From 25 to 29 April at the Hanover Fair, the largest Exhibition of industrial technologies in the world, the midsize company Kuka, presented as one of the pearls of German technology, made the show. Its famous orange robots perform a choreography to the German Chancellor Angela Merkel and US President Barack Obama, “impressed”. The whole world is witness: if connected and intelligent robots are the next industrial revolution – called Internet 4.0 – then Germany has, with Kuka, a strategically important player

Fear. and desolation. Just one month later, the same Kuka is again at the heart of the media attention. Midea China, the largest producer of hardware appliances the world and shareholder of the company, announced his intention to climb to the capital: the group wants to convey, through a friendly takeover of shares, its stake in Kuka 10 % to 30% or even 50% in the future. And aware of the value of the coveted jewelry and so proudly displayed by the Germans, the Chinese group is even willing to pay 4.5 billion euros to take control. An opportunity for Midea progress in the automation of its factories, at a time when China can rely less on low wages to be competitive.

After a silence of several days, the European Commissioner for digital, German Günther Oettinger and Minister of economy, …

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