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Unitree’s quarterly revenue surges 70% in test for China’s robotics sector

The Hangzhou-based robotics maker also said research and development spending jumped 249.6% as investors weighed its commercial prospects.

Summary by WTVB
By Laurie Chen BEIJING, Oct 28 (Reuters) - Unitree on Wednesday said third-quarter revenue rose 70% from a year earlier to 665 million yuan ($99.7 million) in its ​first earnings result since listing, as China's best-known ‌humanoid maker faces its fir...

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Although the revenue of Unitree, a leading Chinese robotics company, increased by nearly 70% in the third quarter of this year, its net profit declined. As development costs for artificial intelligence (AI) models, which act as the robots' "brains," surged, a gap emerged between the rapid growth of the robotics industry and the securing of profitability. On the 29th, Unitree [listed on] the Shanghai Stock Exchange

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YUAN TALKS broke the news on Wednesday, October 28, 2026.
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