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World News by Wild Rose

#Revenue Growth ร—

Chinese robotics firms focus on quadrupeds as major revenue drivers

Chinese robotics companies are increasingly banking on quadruped robots as major revenue drivers, a trend highlighted by AgiBotโ€™s recent decision to spin out its four-legged robotics unit into a new subsidiary called AgiQuad, and Amapโ€™s coming launch of a quadruped model. The move by AgiBot was intended to drive large-scale growth so that the unit would not โ€œlive in the shadow of the humanoid robot giantโ€, Qiu Heng, chief operating officer of the new subsidiary, said at a media briefing last...