China’s robotics industry may need at least five years before humanoid models reach a similar level of acceptance to electric vehicles, according to private equity firm Hermitage Capital, the latest voice warning of a potential bubble in the sector.
The firm, which manages US$1.5 billion in assets, was an early investor in Chinese graphics processing unit designer MetaX Integrated Circuits, whose shares skyrocketed 700 per cent on their debut in Shanghai last month.
In an interview with the…
China’s robotics sector will need 5 years to reach its ‘EV moment’, MetaX investor says
