Chongqing's Robotics Industry Enhanced by Huawei's Latest Moves with Jimu

Tuesday, 10 December 2024, 23:00

Chongqing's robotics industry sees a significant boost with Huawei's new investment in Dongguan Jimu Machinery. As Huawei invests 3 billion yuan, the robotics sector strengthens amidst competition and US sanctions. This strategic move could reshape the robotics landscape in China.
Scmp
Chongqing's Robotics Industry Enhanced by Huawei's Latest Moves with Jimu

Strategic Investment in Robotics by Huawei

Chongqing's robotics sector is taking a leap forward as Huawei Technologies invests 3 billion yuan into Dongguan Jimu Machinery. This substantial move increases the capital of the subsidiary from 870 million to 3.89 billion yuan, sparking speculation about Huawei's deeper involvement in the robotics industry. Although Jimu's specific business activities remain undisclosed, the company primarily engages in electronics component manufacturing, overseen by Li Jianguo, a Huawei executive.

Huawei's Commitment to Artificial Intelligence

As part of its strategic development, Huawei recently launched an embodied artificial intelligence (AI) centre in Shenzhen. This centre will integrate AI with physical robotics, enhancing technological capabilities across various sectors. As demand for robotic innovation escalates, Huawei aims to position itself at the forefront by partnering with local firms like Leju Robot and Han's Robot.

The Expanding Robotics Market in China

The rapid growth of China's robotics industry, now leading global adoption of industrial robots, aligns with government incentives across several cities, including Chongqing, dedicated to nurturing local companies. With the World Robot Conference showcasing significant advancements in humanoid robotics, including the launch of the Kuafu-MY robot, the industrial landscape is becoming increasingly competitive.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe