Factory automation looking more like us

A humanoid robot of UBTech Robotics works at an automobile factory in Hefei, Anhui province, this year. Said by many to be "China's first humanoid robot stock", UBTech Robotics raised more than HK$1 billion on that day, as many domestic companies race to commercialize their humanoid robots. Zhou Jian, chairman and CEO of UBTech Robotics, said, "After going public, we will continue to improve the technological capabilities of humanoid robots, and use innovative technologies to solve major social problems." But using the technology available today, Goldman Sachs Research forecasts significant demand for humanoid robots in structured environments like manufacturing in the future. However, going forward, humanoid robots can collaborate with traditional automation equipment to solve complex scenarios of flexible unmanned operations, and independently complete difficult tasks, such as torque tightening and material handling, Zhou from UBTech Robotics said.