Robotics

Data shortages, hardware differences, and customer economics will make robotics progress gradual, says founder Gao Haichuan.

The Harbin Engineering University spinout has secured nearly RMB 100 million in prospective orders.

The S1 focuses on laundry, while the two-armed P1 explores a wider range of home and commercial services.

Some engineers in China still see robotics as a worthwhile career move, despite the risk of a shakeout.

Embodied intelligence offers more money and responsibility, and a growing risk that today’s startups may not survive.

The startup warns an effective robot ban will have “no winners.”

The company expects to begin trading in Hong Kong on September 9 as it raises capital for R&D, expansion, and acquisitions.

Three newer product lines accounted for 13.1% of the company’s first-half revenue.