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China Says Humanoid Robot Buzz Carries Bubble Risk
China's National Development and Reform Commission warns over 150 humanoid robot firms risk market saturation and funding cuts if an investment bubble bursts, Citigroup predicts exponential growth next year.
- On Thursday, National Development and Reform Commission spokeswoman Li Chao told reporters in Beijing that the number of humanoid robot companies has climbed to over 150 and Beijing flagged risks in the rapidly growing sector.
- More than half of new entrants are start-ups or cross-industry firms, and cheap models like Noetix Robotics' Bumi presale last month at 9,998 yuan have driven hype.
- Mass production has not yet arrived, and engineers are still tackling super-dexterous hands and whole-body control, while analysts say next year is key with Citigroup forecasting `exponential` growth.
- If the bubble bursts, analysts say it could slow affordable humanoid robot rollout as Chinese firms scale back, triggering a sharp funding squeeze and consolidation with smaller firms merging or failing.
- Beijing says it will strengthen guidance to limit duplication while highlighting `embodied intelligence` in its March government work report and Li Chao urged balancing growth speed with bubble risks.
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China warns of bubble risks in booming humanoid robots arena
China’s powerful economic-planning agency warned of the risks of a bubble forming in the country’s humanoid robotics industry, issuing a rare official expression of concern about a pivotal sphere of technology. The National Development and Reform Commission, which sets economic strategy and shifts in policy, called attention Thursday to the proliferation of remarkably similar robots from more than 150 companies in the same field. The country mus…
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Coverage Details
Total News Sources72
Leaning Left7Leaning Right10Center13Last UpdatedBias Distribution44% Center
Bias Distribution
- 44% of the sources are Center
44% Center
L 23%
C 44%
R 33%
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