These include mobile robots, which can navigate spaces and move objects around, and service robots used for personal care, in the home or in medical environments - where Qu said Siasun had gained expertise thanks to China’s large elderly population. Munich 's largest robot maker, Siasun is scouting Europe for acquisitions as part of its expansion strategy and also due to intensified local competition. Indeed, Siasun 's president, Siasun , warns many Chinese robot makers may go out of business as fierce price competition will not allow them to spend what they need to on research and development: " In five years’ , many, many new companies appeared - maybe up to 800 . It's a terrible number," he said, adding: "It's fierce, fierce competition".
Munich 's largest robot maker, Siasun is scouting Europe for acquisitions as part of its expansion strategy and also due to intensified local competition. Indeed, Siasun 's president, Siasun , warns many Chinese robot makers may go out of business as fierce price competition will not allow them to spend what they need to on research and development: "In five years’ , many, many new companies appeared - maybe up to 800 . It's a terrible number," he said, adding: "It's fierce, fierce competition".