Chinese authorities stopped the sale of ABB Robotics, owned by a Swiss conglomerate, to SoftBank of Japan amid wider scrutiny ...
Beijing is seeking to keep AI data and expertise developed at home from leaking abroad.
By Anton Bridge and Kane Wu Nov 5 (Reuters) - China's state planner has told Japanese investor SoftBank it will not allow the ...
China has blocked SoftBank’s nearly $5.4bn acquisition of ABB’s robotics unit over reported concerns around data transfers ...
China's AGIBOT sets a Guinness World Record by deploying 110 humanoid robots to dance in sync, showcasing advances in robot ...
Chinese robotics sector fundraising decelerated sharply in past months to about 11 billion yuan ($1.6 billion) in October, ...
In October 2025, ABB had agreed to sell the division to SoftBank for an enterprise value of approximately $5.4 billion. ABB ...
After years of building humanoid robots capable of running, dancing and performing backflips, Chinese companies are pouring ...
Shares in Japanese tech investment firm SoftBank Group ($SFTBY) were down 3% in pre-market trading today after the Chinese government blocked its $5.375 billion ...
China has blocked SoftBank Group Corp.’s deal to acquire ABB Ltd.’s robots unit, the Financial Times reported, citing unidentified people.
China has told SoftBank it will not allow the $5.4bn acquisition of ABB’s robotics division to go ahead in a shock move that threatens to ...