The Star: Chinese appliances giant Midea moved a step closer to fulfilling its ambition to acquire German industrial robotics firm Kuka with two weekend deals raising its stake to nearly a majority.
Two of Kuka’s biggest German shareholders – technology company Voith and entrepreneur Friedhelm Loh – said they had decided to take up Midea’s offer of €115 (RM512) per share and sell their stakes.
German news agency DPA reported that Voith had agreed to sell its stake of 25.1% for €1.2bil (RM5.34bil).
And Loh told the business daily Handelsblatt he had decided to sell his stake of 10% for nearly €500mil (RM2.22bil).
Combined with its existing holding of 13.5% in Kuka, the two purchases mean Midea now holds 48.5%, or not far from the outright majority, in the Augsburg-based robot builder. Cont'd...
Subhrojit Mallick for GIZMODO India: Apple and Samsung phone manufacturer, Foxconn has already taken a step towards the dystopian future. The South China Morning Post reported the manufacturing giant has replaced 60,000 laborers with robots. The total strength of Foxconn factory workers reduced from 110,000 to 50,000, marking a huge shift towards automation of routine jobs.
The Foxconn technology group confirmed to the BBC that they are automating many of the manufacturing tasks associated with their operations by introducing robots. However, they maintained the move will not affect long-term job losses. Cont'd...
Klaus E. Meyer for Forbes: Midea, the Chinese household appliances (“white goods”) manufacturer just made what analysts called an ‘incredibly high’ bid for German robot maker Kuka. This acquisition would take the Chinese investor right to the heart of Industry 4.0 : Kuka is a leading manufacturer of multifunctional robots that represent an important building block for enterprises upgrading their factories with full automation, the latest human-machine interface functionality, and machine-to-machine communication. Midea want a 30% stake in Kuka and have offered €115 per share. Kuka’s shares traded at €84 the day before and had already increased 60% since the beginning of the year. This offer values Kuka at €4.6 billion, which means Midea’s 30% stake would be worth €1.4 billion – on par with Beijing Enterprise’s February 2016 takeover of recycling company EEW which was the largest Chinese acquisition of a German firm to-date.
Midea’s takeover bid underscores Chinese interest in German Industry 4.0 technology; in January 2016, ChemChina paid €925 million for Munich-based KraussMaffei machine tools, in part because of their advances into Industry 4.0. Recent smaller Chinese acquisitions in the German machine tool industry, which include the partial acquisitions of H.Stoll by the ShangGong Group and of Manz by the Shanghai Electric Group are, in part, motivated by the objective to partake in the latest Industry 4.0 developments. Cont'd...
Alison E. Berman for Singularity Hub: If you've been staying on top of artificial intelligence news lately, you may know that the games of chess and Go were two of the grand challenges for AI. But do you know what the equivalent is for robotics? It's table tennis. Just think about how the game requires razor sharp perception and movement, a tall order for a machine.
As entertaining as human vs. robot games can be, what they actually demonstrate is much more important. They test the technology's readiness for practical applications in the real world—like self-driving cars that can navigate around unexpected people in a street.
Though we used to think of robots as clunky machines for repetitive factory tasks, a slew of new technologies are making robots faster, stronger, cheaper, and even perceptive, so that they can understand and engage with their surrounding environments. Consider Boston Dynamic’s Atlas Robot, which can walk through snow, move boxes, endure a hefty blow with a hockey stick by an aggressive colleague, and even regain its feet when knocked down. Not too long ago, such tasks were unthinkable for a robot.
At the Exponential Manufacturing conference, robotics expert and director of Columbia University’s Creative Machine Labs, Hod Lipson, examined five exponential trends shaping and accelerating the future of the robotics industry. Cont'd...
"We want to build on the spirit of innovation in the USA," said POTUS Barack Obama in his opening speech. This spirit has been driven by Germany and HANNOVER MESSE, especially over the past 70 years. Obama added that the USA has now created new production facilities, subsidy schemes and jobs in recent years to help reach this goal.
In what is likely his last visit to Germany as President, Obama spoke in particular about the TTIP free trade agreement. He believes that there are too many obstacles restricting trade between the EU and the USA. Different regulations and standards lead to higher costs. Therefore, one of TTIP's aims is to establish harmonized high standards.
Obama also promoted the USA as a production location for European companies. Angela Merkel gladly took the opportunity to respond: "We love competition. But we also like to win," replied the German Chancellor.
A challenge with a smile. In her speech, Merkel emphasized that cooperation is essential for the future of industrial production - in a transatlantic partnership. "We in the EU want to lead the way, together with the USA," said the Chancellor, referring above all to the development of global communication and IT standards for integrated industry.
However, the opening ceremony at HANNOVER MESSE 2016 was more than a meeting of Heads of State. Amidst musical numbers and dance performances by humans and machines, German Minister for Education and Research, Prof. Dr. Johanna Wanka, presented the coveted HERMES AWARD for industrial innovation. This year's winner is the Harting Group with its intelligent communication module, MICA. Cont'd...
Bernard Marr for Forbes: First came steam and water power; then electricity and assembly lines; then computerization… So what comes next?
Some call it the fourth industrial revolution, or industry 4.0, but whatever you call it, it represents the combination of cyber-physical systems, the Internet of Things, and the Internet of Systems.
In short, it is the idea of smart factories in which machines are augmented with web connectivity and connected to a system that can visualize the entire production chain and make decisions on its own.
And it’s well on its way and will change most of our jobs.
Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, has published a book entitled The Fourth Industrial Revolution in which he describes how this fourth revolution is fundamentally different from the previous three, which were characterized mainly by advances in technology.
In this fourth revolution, we are facing a range of new technologies that combine the physical, digital and biological worlds. These new technologies will impact all disciplines, economies and industries, and even challenge our ideas about what it means to be human. Cont'd...
Patrick Burnson for Logistics Management: “Robots work in many industries but haven’t made an impact on logistics yet because of the complexity of the work – handling a wide array of different things in an infinite number of combinations, close to people and in confined spaces,” says Matthias Heutger, Senior Vice President Strategy for the Group.
“Current research shows that 80 percent of logistics facilities today are still manual. Recently, however, technology is just starting to catch up to meet demands for flexible and low-cost robots that could collaboratively work in logistics.”
The report highlights that the development of the next generation of robots that can see, move, react to their environment and work at precision tasks alongside people, is on a fast track powered by the explosion in labor-intensive e-commerce and diminishing and ageing workforces. Cont'd...
By Elisabeth Behrmann & Christoph Rauwald for Bloomberg Business: “Robots can’t deal with the degree of individualization and the many variants that we have today,” Markus Schaefer, the German automaker’s head of production, said at its factory in Sindelfingen, the anchor of the Daimler AG unit’s global manufacturing network. “We’re saving money and safeguarding our future by employing more people.”
Mercedes’s Sindelfingen plant, the manufacturer’s biggest, is an unlikely place to question the benefits of automation. While the factory makes elite models such as the GT sports car and the ultra-luxury S-Class Maybach sedan, the 101-year-old site is far from a boutique assembly shop. The complex processes 1,500 tons of steel a day and churns out more than 400,000 vehicles a year.
That makes efficient, streamlined production as important at Sindelfingen as at any other automotive plant. But the age of individualization is forcing changes to the manufacturing methods that made cars and other goods accessible to the masses. The impetus for the shift is versatility. While robots are good at reliably and repeatedly performing defined tasks, they’re not good at adapting. That’s increasingly in demand amid a broader offering of models, each with more and more features. Cont'd...
By Jed Kolko for Five Thirty Eight: More and more work activities and even entire jobs are at risk of beingautomated by algorithms, computers and robots, raising concerns that more and more humans will be put out of work. The fear of automation is widespread — President Obama cited it as the No. 1 reason Americans feel anxious about the economy in his State of the Union address last month — but its effects are not equally distributed, creating challenges for workers and policymakers. An analysis of where jobs are most likely to face automation shows that areas that voted Republican in the last presidential election are more at risk, suggesting that automation could become a partisan issue.
So-called “routine” jobs — those that “can be accomplished by following explicit rules” — are most at risk of automation. These include both “manual” routine occupations, such as metalworkers and truck drivers, and “cognitive” routine occupations, such as cashiers and customer service reps.1 Whereas many routine jobs tend to be middle-wage, non-routine jobs include both higher-wage managerial and professional occupations and lower-wage service jobs. Cont'd...
From Phys.Org: Developing humanoid robotic technology to perform difficult tasks in aircraft manufacturing facilities is the goal of a four-year joint research project, which is being conducted by the Joint Robotics Laboratory (CNRS/AIST) and Airbus Group. It will officially be launched on 12 February 2016 at the French Embassy in Tokyo. The introduction of humanoids on aircraft assembly lines will make it possible to relieve human operators of the most laborious and dangerous tasks, thus allowing them to concentrate on higher value-added ones. The primary difficulty for these robots will be to work in a confined environment and move without colliding with the numerous surrounding objects. This is the first issue researchers will have to solve by developing new algorithms for the planning and control of precise movements. Cont'd...
By Tiernan Ray for Barron's: Bernstein Research’s Alberto Moel, who follows tech-industrial companies such as Corning(GLW) and AU Optronics (AUO), this afternoon offered up a thinks piece on robotics andfactory automation, arguing that some of the costs of automation beyond the basic cost of the robot are about to get dramatically cheaper, thanks in large part to artificial intelligence akin to what Alphabet (GOOGL) and others are doing.
Moel notes that the basic components of factory robots are only falling by perhaps 6% per year, their cost reduction bounded by things such as casings and servomotors and reduction gears that don’t rapidly fall in cost.
But, writes Moel, the cost to install and adjust these machines on a factory floor is ten times their component cost and that stuff can be reduced more dramatically:
How much this integration costs varies widely. An often-cited rule of thumb is that a $50,000 robot will need $500,000 of integration costs before it is all said and done. Of course, these integration costs can be amortized over many robots, so perhaps a better estimate would be 3-5x the robot cost [...] But I do believe we are at an inflection pointthat will materially increase the capability of automation systems and substantially reduce programming, setup, and fixturing costs which are the largest cost element in most automation efforts. So instead of a measly 6% YoY cost reduction , we get 25-30% YoY declines, and automation Nirvana. Cont'd...
When we first started designing hardware at Valve, we decided we wanted to try and do the manufacturing as well. To achieve our goal of a flexible controller, we felt it was important to have a similar amount of flexibility in our manufacturing process, and that meant looking into automated assembly lines. It turns out that most consumer hardware of this kind still has humans involved in stages throughout manufacturing, but we kind of went overboard, and built one of the largest fully automated assembly lines in the US. Our film crew recently put together a video of that assembly line, showcasing exactly why robots are awesome.
Joseph F. Engelberger, an engineer and entrepreneur who pioneered the robotics field, died peacefully at his home this morning, December 1, 2015, in Newtown, Connecticut. Engelberger - widely known as the "Father of Robotics" and creator of the world's first industrial robot - revolutionized modern industrial and automotive manufacturing processes and went on to establish robotics in human services. Engelberger was 90 years old.
DAVEY ALBA for Wired: Locus Robotics is an offshoot of Massachusetts-based Quiet Logistics, a third-party order fulfillment company that gets merchandise out the door for big apparel retailers like Zara, Gilt Groupe, and Bonobos. And the idea behind its bots isn’t just to replace humans, but to create a system where everyone can work together more efficiently.
What most people don’t realize in the age of push-button shopping is the “shopping” part doesn’t disappear. You the consumer are no longer at the store doing the physical work of tracking down the thing you want. But somebody still has to do it. For e-commerce, that task typically falls to a worker at a distribution center who must locate the product, make sure it’s not damaged, and send it off to be packed and shipped. This can be grueling, tedious work. More than anything else, it’s about walking. Lots of walking. Locus aims to have its bots do the walking instead. Cont'd...
Jim Lawton for Forbes: Peter Drucker said “Culture eats strategy for breakfast” and in my experience there’s no industry where that wisdom holds more true than manufacturing. I’m not a hardened cynic, just a pragmatist, having spent the majority of my career bringing technology that disrupts the status quo – from inventory optimization and managing risk in the supply base to collaborative robots. Manufacturers are among the most skeptical buyers and for good reason – what they do is hard, complex and things are done the way they are done because it’s been proven to work. There are times though when the opportunity to transform the business is so compelling that – as Drucker said – executives need to spend whatever time is necessary to tear down the cultural barriers that are getting in the way of the strategy that capitalizes on the moment.
In the category of robotics and industrial automation, now is one of those times. It’s been more than 50 years since Unimate went to work at a GM plant unloading heavy parts and welding them onto automobile frames. Manufacturing has changed a lot and today is on an evolutionary path toward the 4th industrial revolution. Unfortunately, while executives may be ready to move quickly toward the factories of the future for first mover advantage, many automation engineers remain entrenched in 20th century thinking about robots — when they were highly customized solutions, designed to perform one task over and over again, with a price tag to match. Cont'd...
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