China to Invest Millions in Israeli Robotics | Algemeiner.com
Chinese businessmen are on the verge of investing millions of dollar in Israeli robotics research, Israeli news site nrg reported on Monday. The Israeli Robotics Association (IROB) signed a $20 million deal in Tel Aviv on Monday with investors from China’s Guangzhou (also known as Canton) province. “With this money the Chinese investors can purchase Israeli companies or to set up an R&D center for the development of products for companies making [robotics] goods in China,” said …
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