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Haier seeks control of Shenzhen-listed robotics firm in US$343 million deal

SCMP LogoSCMP1d ago

Haier seeks control of Shenzhen-listed robotics firm in US$343 million deal - SCMP

Quick Summary:

Haier joins rival Midea Group in venturing into industrial robotics, answering Beijing’s call to upgrade the nation’s traditional manufacturing sector.

China had 470 robots per 10,000 employees in 2023, up from 402 a year earlier.

But Step Electric has struggled to make money in the past three years.

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Haier seeks control of Shenzhen-listed robotics firm in US$343 million deal - SCMP (Picture 1)

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Article Details

Author / Journalist: Iris Deng

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-19 @ 21:00:12 (1 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 292 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 26272655

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About SCMP

SCMP Logo

Main Topics: Technology

Official Website: scmp.com

Update Frequency: 3 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 22 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #41

Publisher Details

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The story "Haier seeks control of Shenzhen-listed robotics firm in US$343 million deal" was covered 1 days ago by SCMP, a news publisher based in Hong Kong.

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It's most recent story was published 22 hours ago.

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  • News ID: #26272655
  • URL: https://beamstart.com/news/haier-seeks-control-of-shenzhen-17399705184817

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