On May 17, Germany’s Kuka received a friendly buyout proposal from Midea, a white goods appliances company based in Guangdong with annual sales of EUR 19 billion. Midea proposed to pay EUR 115 per share to buy the 86.5 percent of Kuka that it does not own.
Footage of Queen Elizabeth II making an unguarded comment on China’s diplomats leaked out early this month. Be it cultural difference or misunderstanding, a big question that should be addressed by China is, who is its true friend after all?
The bottleneck facing the industry at the moment is a shortage of qualified drone pilots. The industry estimates that there is an annual requirement for 10,000 pilots but there are currently only about 1000 license holders.