The key parts of industrial robots, which we were monopolized by Japan for 30 years, could only be purchased at a high price. China must not be left behind again in high-end manufacturing as a Chinese company announces plans to privatize the German robotics giant.
This is tesla's gigafactory. In the production line, from the transportation of raw materials to stamping, welding, spraying and final assembly, the whole process almost needs no human intervention and can be completely automated. A model3 can be produced in less than two minutes. It goes without saying how important industrial robots are. Industrial robots, like high-end machine tools, are essential for modern high-end manufacturing. Although China has the most industrial robots in the world, the fact that 70 percent of them are imported and 30 percent are assembled is really disturbing.
In particular, decelerators, the core components of industrial robots, have been monopolized by Japanese companies for decades, and there is no other choice but to buy them at a high price. This also leads to the fact that the robots we assemble are even more expensive than the finished products they directly purchase. Without core technology, the product price is also high. Our industrial robot development seems to be in a dead end, there is no way out. However, Dr. Yueming Zhang took the lead in breaking through the core technology of reducer, and Midea privatised Kuka, a German robot giant. These two things seem to bring dawn and turning point to the development of high-end manufacturing industry.
Let's start with Dr. Zhang yueming's reducer. Guangming Daily once praised Dr. Zhang for innovating from the source and completely solving the "bottleneck" technical problem on its front page. Enough to see how important this study is. For industrial robots, the main role of reducer, is to improve the running speed of the robot, and prolong the service life, and ensure the stability and reliability in the process of operation. And The Japanese company in reducer respect, can be said to be a lone leader. At present, about 85% of our domestic market share depends on imports.
The three core components of industrial robots, reducer, servo system and controller, account for about 70% of the total cost. Because our homemade robots rely heavily on imported parts, in fact, selling a robot like this can earn very little money. Take Nanjing Eston, which has done well in China, for example, their profit of industrial robots is only about 7%, compared to Fanuc, a Japanese company, their profit is as high as more than 20%.
Dr Yue-ming zhang's research thoroughly broken, our domestic robots reducer, monopoly of 30 years of history, by Japan in recent years, our domestic market share is rising speed reducer, with our domestic manufacturers profit has also been gradually improve, have profit, can have the money to do research and development, the enterprise will gradually enter a virtuous cycle.
But in the happy, we still need to clearly see that the robot is not only the core parts of the reducer, other parts are still heavily dependent on imports, the neck problem still exists. These key components are mainly monopolized by four foreign companies, which are called the four families of industrial robots.
Referring to the four industrial robot families, let's talk about the privatization of The United States of America, Germany kuka robot this matter. Germany's Kuka robot is one of the four families.
How good can their industrial robots get? To show off their prowess, Kuka enlisted world champion Tim Ball to play table tennis against the robot. After the demographic dividend disappears, it is clear that these tireless top masters will appear on more and more factory production lines. Perhaps Midea sees this and decides to spend tens of billions to acquire Kuka robots.
Midea's acquisition of Kuka reminds us of Geely's acquisition of Volvo. After absorbing Volvo technology, Geely's growth rate is really visible to the eye. Now even Mercedes-benz starts to use Geely engines, and Geely has become the big brother of China's private car enterprises from a little-known small company. However, there are still differences between Midea and Geely. Geely's acquisition of Volvo, in any case, is still playing its own business, but Midea's acquisition of Kuka is completely crossover, as the saying goes. From 2017, Midea's performance since the acquisition of Kuka can also be seen that Midea is still a little unfamiliar to industrial robots. This time, Midea completely privatize Kuka robot, in the eyes of the outside world, is midea to readjust the operation, hoping to reverse the situation, an important step.
Whether it is Dr. Yueming zhang's dedicated research or Midea's huge acquisition, it is China's continuous exploration and progress in the field of industrial robots. In the past, we started late and missed the best opportunity for development, while foreign companies took advantage of technology and formed a monopoly. Faced with this situation, we had to pay high prices for their products. But now the situation is gradually improving, I believe that with a few more years of development, we will be able to completely break the current passive situation.
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