Hi guys, greetings. I just want to know if something wrong happened on KUKA Group since Chinese company Midea acquired most of its shares in 2017.
I am guy doing industrial segment investment and I learnt KUKA`s CEO Reuter has left and Midea has done lots of changes on the board. I also leart KUKA has not issued any new product (not including the modifications on the previous models) since 2013 and its met some problems to catch up with those competitors like Fanuc, Yaskawa and ABB.
So I would like to know if you guys, the experts in this area, has any comments or idea on KUKA? I would be very much appreciated on any advice or sound from you.H