Kuka is a prime example of the fear of German technology being sold off to China. In 2016, the Augsburg-based robot manufacturer was acquired by Chinese household appliance manufacturer Midea. At the annual general meeting this Tuesday, the company is to be finally sinicized. The Chinese bosses also intend to buy out the last remaining small German shareholders and then take Kuka off the stock market. They hope this will inject more peace into the company's management. So far, the company's performance has fallen short of expectations.
