UBTech, a Chinese robotics leader, plans to mass-produce humanoid robots by late 2025, focusing on AI advancements over profits despite posting a $70.5M net loss in early 2024. With a decade of experience, it launched its Walker S1 industrial robot in 2023 and plans Walker S2 and S3 upgrades this year, facing rising competition in China’s robotics market.
UBTech, a Chinese robotics leader, plans to mass-produce humanoid robots by late 2025, focusing on AI advancements over profits despite posting a $70.5M net loss in early 2024. With a decade of experience, it launched its Walker S1 industrial robot in 2023 and plans Walker S2 and S3 upgrades this year, facing rising competition in China’s robotics market.