Sentences with phrase «chinese robotics company»

«To reduce the threshold of innovative entrepreneurship, the government provides appropriate financial subsidies for rent, broadband access and public software for new businesses,» said John Rhee, general manager of the Los Angeles office for UBTECH, a Chinese robotics company headquartered in Shenzhen City that makes humanoid robots for the home.

While Yang admits this is a sign of a shift from quantity and toward quality, he also said that Chinese robotics companies «can't buy their way into industry leadership.

Not exact matches

By 2020 the government wants more than 50 percent of the total robotics sales volume to be filled by robots made in China by Chinese companies.

Consider what Guangdong, just one Chinese province, is doing: offering almost $ 140 billion in subsidies to about 2,000 local companies, including robotics firms.

Mortimer also owns Japanese robotics company Fanuc (fanuy), a big supplier to Chinese factories.

Political risk consulting company Eurasia Group says that other measures the Trump administration may soon roll out could include blocking Chinese cloud services companies from establishing data centres in the U.S.; a renewed emphasis on restricting sales of Chinese telecommunications equipment to major U.S. operators; and prohibiting Chinese acquisitions of U.S. firms in sectors such as artificial intelligence, automation, robotics, semiconductors and biotechnology.

This has included Chinese takeovers of companies in robotics, semiconductors, machine - tools, telecoms, agribusiness, food, as well as infrastructures such as ports, airports, railways and energy utilities.

Shenzhen - based AI and humanoid robotic company Ubtech has secured $ 820 million in Some Series C funding round, our sister site TechNode Chinese is reporting (in Chinese), setting a new financing record for the largest investment raised in a single round by an AI company.

The Trump administration contends that if it does not challenge Beijing now, the Chinese government will heavily subsidize its companies to become dominant producers of cutting - edge industries from robotics to electric cars.

Rokid is a Chinese company with a background in artificial intelligence and robotics, but with the Glass it is branching out into augmented reality.