KUKA KR TITAN ultra
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- Midea's robotics arm grows revenue but not profit as second-curve test looms
A commentary by 陆玖商业评论, republished with authorization by TMTPost, says Midea's robotics and automation segment posted H1 2026 revenue of RMB 16.621 billion, up 10.27%, while gross margin fell 1.86 points to 20.9% and the segment accounted for just 6.39% of group revenue — a case of revenue growing without matching profit. Midea group revenue rose 3.55% to RMB 261.052 billion, but non-recurring net profit fell 25.31% and air-conditioner retail sales dropped 15.9%, the article says. It adds that KUKA shipped more than 18,000 industrial robots in China in H1 for a 9.7% share and second place, and held over 50% of the 300kg-plus heavy-payload segment, while the 美罗U and 美拉X2 humanoid robots have demonstrated factory and home tasks but not large-scale external sales.
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