Media365
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.
The company’s push into robotics reflects China’s position as the world’s largest market for industrial robots last year.
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.
