Panasonic to Launch Automated Restaurant Business in China

Economy

Tokyo, Oct. 25 (Jiji Press)--Japan's Panasonic Corp. <6752> said Thursday that it will launch a smart restaurant business in which robots serve food, in cooperation with a major Chinese restaurant chain operator.

The first such restaurant will open in Beijing late this month. The major electronics maker aims to establish such restaurants worldwide.

The smart restaurant business will be operated through a joint company Panasonic set up with the partner, Haidilao International Holding Ltd., in Singapore in March.

Haidilao runs some 360 hot pot restaurants in China, the United States, Japan and elsewhere.

The joint company, established with capital of 20 million dollars, is owned 51 pct by Haidilao and 49 pct by Panasonic.

[Copyright The Jiji Press, Ltd.]

Jiji Press