(Taipei Times) — Taiwan’s Hiwin Technologies plans to invest $1.53 million over the next five years on a robotics research center to step up its expansion into sophisticated rehabilitation robots. Hiwin on Saturday signed an agreement with China Medical University to jointly form a research center that is to focus on rehabilitation robotics. “The research center aims to develop cutting-edge technologies in the medical care sector and to help nurture high-end talent in those areas,” Eric Chuo, Hiwin chairman, said in a statement.
Hiwin is Taiwan’s largest machine tool supplier. As machine tool demand slumps due to competition from global rivals and a weak global economy, Hiwin sees robotics and industrial automation systems as its new revenue growth drivers.Tags: China Medical University, Eric Chuo, Hiwin Technologies