Huawei invests $413M into robotics subsidiary

Huawei Technologies, a Shenzhen-based telecom carrier, recently spent 3 billion yuan (concerning $413 million) right into its subsidiary Dongguan Jimu Equipment. The South China Early Morning Message initially reported this tale. Huawei has not openly revealed the financial investment.

Huawei developed Jimu in June 2023, when it signed up the firm with 870 million yuan in funding (concerning $121 million), according to Huawei Central. Huawei stated Jimu’s service range consists of digital part production, design and technological research study, the import and export of products consisting of innovation, speculative growth, and extra.

Jimu is led by Li Jianguo, an executive supervisor at Huawei, and the head of state of its production division, according to the South China Early Morning Message

Huawei last month a personified AI facility in Shenzhen. The facility, it stated, will certainly concentrate on incorporating AI right into physical entities, consisting of robotics. The Huawei Global Personified AI Sector Development Facility will certainly develop what Huawei calls vital fundamental modern technologies, including locations like symbolized AI versions and calculating power. The facility has actually additionally partnered with Shenzhen-based robotics business like Leju Robotic and Han’s Robotic.

Huawei’s robot passions, nevertheless, can be mapped back to 2022, when it partnered with Dataa Robotics. Under the collaboration, the business interacted to establish multimodal huge language versions and brand-new robotics applications. Later on, in March 2024, Leju Robotic launched robotic items powered by Huawei’s LLM Pangu.

China’s robotics market

It should not come as a shock that a person of China’s biggest innovation business is spending extra in robotics. China has actually made expanding its robotics market a concern in recent times.

According to the International Federation of Robotics (IFR), China is without a doubt the biggest robotics market. The IFR stated the 276,288 commercial robotics mounted in China in 2023 stand for 51% of all international robotics setups. China additionally has a robotic thickness of 470 robotic’s per 10,000 staff members, the IFR stated, the third-highest robotic thickness worldwide behind just the Republic of Korea and Singapore.

In 2023, China produced an activity strategy called the “Robotic + Application Activity Strategy.” This strategy outlined 10 sectors the nation intends to concentrate on creating robot systems for and overarching objectives for the nation’s robotics market to struck by 2025. The nation additionally stated it prepared to manufacture humanoid robotics by 2025.

Various other famous robotics business are remembering. Today, we reported that Universal Robots A/S developed producing abilities in Nantong, China. The firm will certainly create 2 brand-new cobots for that market: the UR7e and UR12e. UR stated the spec of these versions has actually been “particularly selected to fulfill the demands of China’s auto, digital, and steel & equipment sectors together with others.”