Published: 6:05pm, 29 Sep 2025Updated: 6:07pm, 29 Sep 2025
Apple supplier BOE Technology Group, the world’s largest display maker, has established a new subsidiary to lead its foray into robotics and artificial intelligence software.
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Launched on Thursday, Beijing BOE Robot has a registered capital of 200 million yuan (US$28 million), according to corporate data provider Qichacha.
The subsidiary was described as a developer of industrial robots and AI software, joining other major manufacturers that are pursuing robotics-related development projects.
BOE’s shares in Shenzhen gained 0.49 per cent to close at 4.12 yuan on Monday.
The company’s push into robotics reflects China’s position as the world’s largest market for industrial robots last year.
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According to a report released last week by the International Federation of Robotics, China accounted for 54 per cent of global industrial robot deployments in 2024.
The report said China installed 295,000 industrial robots last year – the highest annual total on record – with domestic firms selling more in their home country than foreign suppliers for the first time.