Huawei Applied sciences, a formidable participant in fields from smartphones to electrical automobiles, can be looming massive in China’s fragmented robotics industry amid the nation’s drive to be a world chief in the sector.
The Shenzhen-based telecommunications large, which is the face of China’s self-sufficiency drive to interrupt US sanctions, final week injected 3 billion yuan (US$413 million) right into a subsidiary referred to as Dongguan Jimu Equipment, in line with company database Qichacha.
The transfer to extend the capital base of the fully-owned unit to three.89 billion yuan from 870 million yuan has fanned hypothesis that Huawei is gearing as much as enter the robotics industry. Huawei has not publicly disclosed Jimu’s enterprise actions and declined to remark when contacted on Tuesday.
Public company information confirmed that Jimu is engaged in electronics part manufacturing.
Jimu is headed by Li Jianguo, an government director at Huawei and the president of its manufacturing division, in line with Qichacha.
Huawei’s elevated funding in Jimu comes a month after it opened an embodied synthetic intelligence (AI) centre in Shenzhen, centered on integrating AI into bodily entities like robots.