Every company is racing to build humanoid robots — Tesla, China, American startups. But go deep into each joint of every robot and you'll find one group of 'parts' eating more than half the cost, with its core gears made by just two Japanese companies. This is the story of the 'pick-and-shovel sellers' in the robot gold rush — the ones who get paid whether or not anyone strikes gold.
Arm CEO Says Demand Is Off the Charts as Supply Chain Bottlenecks Cap Revenue
Arm CEO Rene Haas said demand is running at record strength across edge, automotive, robotics and data center, and that near-term revenue growth is capped by a multi-stage manufacturing bottleneck spanning wafers, substrates, testers and memory rather than by any softening in orders. Data-center royalty revenue more than doubled year over year last quarter, and the most recent 500 million Neoverse cores shipped in nine months after the first billion took six years, while IDC reported spending on Arm-based accelerated server platforms nearly doubled over the past two quarters and surpassed x86. Haas said his confidence in hitting the $2 billion AGI CPU target rose from May to July and again from July to September, after he earlier cut that target to $1 billion on foundry capacity worries, and Arm has secured the manufacturing capacity needed to support the $1 billion opportunity for the AGI CPU. The AGI CPU, Arm's first in-house data center chip, carries first-generation gross margin guidance in the high 30% range to low 40s with a path to 50% over the next couple of years, below core royalty margins, so silicon revenue will initially dilute reported profitability. Arm shares trade at $243.98, down 10.11% over the past month and 7.66% in the last week but up 123.2% year to date, at a trailing P/E near 247x, after Q1 FY2027 EPS of $0.25 missed the $0.40 estimate and operating margin compressed to 7% from 11%; analysts carry an average target of $288.70.
Runyang Technology recently unveiled a new physical intelligent sensing material that is flexible and deformable, can be kneaded and rubbed, and captures pressure changes in real time. It can be applied to consumer health monitoring and human-machine interaction, while also enabling tactile perception in robots and precise sensing of gripping force. Runyang Technology mainly produces IXPE, XPE, IXPP, GFOAM, MPP, and EVA series prototype environmentally friendly foam materials, with products sold to 20 countries and regions and already integrated into the supply chain system of global home improvement giant Home Depot. In the first half of 2026, the company's R&D investment reached 8.62 million yuan, up 55 percent year on year. In the embodied intelligence sector, Runyang Technology has entered the special-purpose robotics field through its controlling subsidiary Shanghai Runke Juneng. At the 2026 World Artificial Intelligence Conference, Runke Juneng launched a centaur special-purpose robot focused on scenarios such as the nuclear industry, oil fields, mines, and fire and emergency response. It adopts a wheel-leg hybrid configuration, can carry an average load of up to 120 kilograms, and has a core component localization rate exceeding 95 percent. In 2025, the company made a strategic investment in humanoid robot company Fourier Intelligence, opening up embodied intelligence industry chain resources. It is reported that Runyang Technology's centaur robot has signed a hundred-unit-level intent order with Shanghai Huayan Fire Protection and has deployed a mining application scenario in Yulin, Shaanxi. Small-scale mass production will begin in the fourth quarter of 2026.
Synaptics CTS Tactile Sensing Module Gains NVIDIA Isaac Sim Support
Synaptics Incorporated announced that its first CTS tactile sensing module, powered by the SN6012T controller, is now supported within NVIDIA's Isaac Sim robotics simulation framework, letting developers prototype and validate contact and force interactions for dexterous robotic hands, grippers, and other Physical AI systems. The CTS module and Synaptics' Astra Edge AI processors integrate with NVIDIA Holoscan to unify touch, vision, and motion data, which could simplify how robotics teams design and test human-object interactions before deploying physical hardware. Synaptics' narrative projects $1.6 billion in revenue and $21.2 million in earnings by 2029, requiring 9.4% yearly revenue growth and a $512.0 million earnings increase from -$490.8 million today, and yields a $130.33 fair value, a 34% upside to its current price. The most optimistic analysts were assuming about US$1.7 billion in 2029 revenue and US$190 million in earnings, leaving investors to weigh whether the CTS Isaac Sim integration strengthens the Physical AI and humanoid robotics story or highlights how early and uncertain that market still is.
Aptiv Adds NVIDIA Jetson Orin Nano 2 Support in Physical AI Push
Aptiv said on August 25 that it will support NVIDIA's newly announced Jetson Orin Nano 2 processor, extending a partnership that already covers the more powerful Jetson Thor platform. The NVIDIA chip packs 78 TOPS of processing power into an 8GB, 8-core Arm design that doubles the inference speed of its predecessor while cutting power draw by 40% at equivalent performance. Aptiv is pairing the compute support with its PULSE surround-view camera and radar system for 360-degree sensing, its Gen 8 radar for object detection in tough conditions, and Wind River software for long-term maintenance and security updates. The move follows Aptiv's second-quarter results reported on August 4, 2026, when revenue reached $3.3 billion, up 2%, and adjusted EBITDA climbed to $613 million from $547 million a year earlier, lifting margins to 18.7% from 17.1%. Free cash flow, however, came in at just $12 million for the quarter, down from $219 million a year earlier, and the first half of 2026 posted negative free cash flow of $196 million versus a positive $264 million a year ago, while hedge fund ownership fell from 53 funds to 42 quarter over quarter and short interest sits at 7.05% of float.
Nippon Electric Glass FI-02 Glass Adopted for Heimann Sensor Wide-Angle Thermal Lens
Nippon Electric Glass Co., Ltd. announced that its IR Transmitting Glass, a chalcogenide glass designated FI-02, has been adopted for Heimann Sensor GmbH's wide-angle lens unit for thermal cameras. The lens unit achieves a 120° × 68° field of view, surpassing the previous product's maximum of 92° × 59°. FI-02 combines high infrared transmittance with a high refractive index, making it highly suitable for wide-angle lens design, and it is also suitable for mass production through press molding. The glass additionally offers low dispersion and a unique composition free from hazardous substances such as arsenic and selenium. Nippon Electric Glass said the adoption marks a significant milestone for FI-02 and showcases how advanced specialty glass can meet the demanding optical and manufacturing requirements of the expanding infrared sensing market.
Henggong Precision Plans Convertible Bond Issue of Up to 810 Million Yuan for Embodied AI Robots and High-End Equipment Expansion
Henggong Precision announced on the evening of September 16 that it plans to issue convertible corporate bonds to unspecified investors, raising no more than 810 million yuan in total, for projects including embodied AI robot body manufacturing and expansion of high-end equipment components. According to the plan, after deducting issuance expenses, the funds will be invested in five projects: 350 million yuan for the embodied AI robot body manufacturing project, with a total project investment of 399.8 million yuan; 50 million yuan for the embodied AI robot pilot base and Shanghai R&D center project; 278 million yuan for the high-end equipment components expansion project; 54.99 million yuan for the high-end components new materials expansion project; and 76.89 million yuan to supplement working capital. The total investment in these projects amounts to 946 million yuan. The convertible bonds will be issued at par value, with a face value of 100 yuan each, a term of six years from the date of issuance, annual interest payments, and priority placement to existing shareholders. The conversion period begins on the first trading day six months after the completion of the bond issuance and ends on the maturity date of the bonds. The issuance still requires approval by the company's shareholders' meeting, review and approval by the Shenzhen Stock Exchange, and registration approval by the China Securities Regulatory Commission before implementation. In the first half of the year, the company achieved operating revenue of 724 million yuan, up 37.37 percent year on year, and net profit attributable to shareholders of the listed company of 104 million yuan, up 57.03 percent year on year. Revenue from robot key components and robot complete machine manufacturing and scenario deployment business was 79.3847 million yuan, accounting for 10.97 percent of operating revenue, up 745.25 percent year on year.
Analog Devices to Acquire Alif Semiconductor for $1.35 Billion
Analog Devices has agreed to acquire Alif Semiconductor in an all-cash transaction for $1.35 billion, the two companies announced. Under the definitive agreement, approved by both boards, ADI will pay Alif's stockholders $1.35 billion of upfront consideration in cash, plus up to $200 million in incremental contingent consideration. The deal is expected to close before the end of calendar year 2026, subject to customary closing conditions and the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. Alif, headquartered in Pleasanton, California, provides AI-native microcontrollers and fusion processors, and its silicon is already shipping in production with design wins across leading consumer and industrial customers. ADI said the combination expands its total addressable market across industrial, data center infrastructure, defense, energy, robotics, digital health, and wearable applications, and accelerates delivery of what it calls Physical Intelligence. PJT Partners advised ADI with Wachtell, Lipton, Rosen & Katz as legal counsel, while Qatalyst Partners advised Alif with DLA Piper as legal counsel.
KCE and HANA Surge Over 2% as KGI Raises Target Prices on AI and Robotics Demand
Technology component stocks led by KCE and HANA rose more than 2%. At 10:55 a.m., KCE stood at 67.25 baht, up 1.50 baht or 2.28%, with trading value of 764.19 million baht, while HANA stood at 49.50 baht, up 1.00 baht or 2.06%, with trading value of 677.56 million baht. This followed an analysis note from KGI Securities (Thailand) stating that KCE has an opportunity to expand into the printed circuit board, or PCB, business for humanoid robots, after KCE informed the Stock Exchange of Thailand on September 11, 2026, that it is in negotiations to buy and sell products with a company in the United States, which KGI believes could be Tesla, and the product could be PCBs for the Tesla Optimus robot. Tesla aims to scale up robot production from about 10,000 units initially to 1 million units per year, and eventually to 10 million units in the long term. KGI preliminarily estimates that revenue from this project could account for roughly 0.3% to 1.3% of KCE's total revenue, under the assumption of production of 1 million robots using PCBs worth 150 to 200 US dollars per unit and KCE holding an order share of about 1% to 3%. It has therefore not yet included revenue from this project in its forecasts. It also raised its core business profit forecasts for 2026-2027 by 6% to 25%, recommended "Hold" on KCE, and raised its end-2027 target price to 62 baht from 48 baht, based on a PER of 40 times. Meanwhile, HANA is expected to benefit indirectly from the upgrading of the AI server supply chain through three key businesses: thermal solutions for HBM and GPU through a partnership with Phononic, high-density PCBA testing equipment, and SiC solid-state transformers. KGI raised its profit forecasts for HANA by 6% to 11%, maintained its "Buy" recommendation, and raised its end-2027 target price to 63 baht from 45 baht, based on a PER of 40 times, expecting normal operating profit in 2027 to grow 44%.
Ouster Launches Rev8 OS1 Max Native Color Lidar for High-Altitude Drone Mapping
Ouster announced surging customer momentum for its Rev8 OS1 Max native color digital lidar, which the company calls the world's first native color lidar, with payload integrators and drone OEMs across the aerial mapping market selecting the sensor for utility corridor inspection, infrastructure management, and defense applications. Powered by Ouster's L4 Max chip, the Rev8 OS1 Max pairs 256 channels of survey-grade 3D range data with native 48-bit color, reaching ±0.25 cm 1σ precision and ±1.25 cm accuracy, twice the precision and accuracy of the previous Rev7 generation, with a spot size up to 50% smaller than Rev7 and 200 meters of range at 10% reflectivity. The sensor carries IP68 and IP69K ingress protection, 100 G shock resistance, and an operating range of -40 °C to +85 °C, and is designed and developed in the U.S. to comply with the statutory supply chain security standards under §164 of the FY2025 National Defense Authorization Act, with Build America, Buy America Act certified versions also offered. Flyability is evaluating Ouster's Rev8 OS0 lidar to unlock native color 3D mapping in hazardous and GPS-denied industrial environments, building on five years of joint innovation, while GeoCue is pairing its TrueView payloads with the Rev8 OS1 Max. Ouster is showcasing the Rev8 OS1 Max at INTERGEO in Munich from September 15-17 in Hall B5 at Booth B5I018.
Goldman Sachs Lifts 2035 Humanoid Robot Forecast Nearly Fivefold to 6.5 Million Units
Goldman Sachs raised its 2035 forecast for humanoid robot shipments to approximately 6.5 million units, up from about 1.4 million previously, a nearly fivefold increase, in its recently published 80-page Physical AI report. The bank also lifted its 2030 forecast from 256,000 to 890,000 units and its 2026 estimate from 51,000 to 75,000, and now values the 2035 humanoid market at roughly $138 billion versus its previous $38 billion estimate. Goldman estimates each humanoid could carry $3,000 to more than $6,000 of semiconductor content, which at 6.5 million units would translate into roughly $19.5 billion to $39 billion of annual chip demand. The bank expects logistics and warehousing to lead adoption, with automotive manufacturing following, and estimates Amazon's broader automation efforts could produce about $72 billion in cumulative service-cost savings from 2026 through 2030, potentially adding as much as 240 basis points to operating margins in an upside scenario. Goldman still flags reliability, limited real-world training data, autonomy and cost as obstacles, while Morgan Stanley has predicted 1 billion humanoid robots by 2050 and RBC Capital Markets calls it a $9 trillion market by then.
Pony.ai and GAC Commercial Vehicle Unveil Gen-4 Autonomous Robotruck
Pony.ai unveiled a new Level 4 autonomous heavy-duty truck developed with GAC Commercial Vehicle at IAA TRANSPORTATION 2026 in Hannover, Germany. The vehicle is one model in Pony.ai's Gen-4 Robotruck lineup and is built on GAC Commercial Vehicle's T9 battery-electric heavy-duty truck platform, with volume production scheduled to begin later this year for deployment in long-haul freight, dedicated-route logistics and port transportation. It pairs Pony.ai's Gen-4 L4 autonomous trucking system with GAC Commercial Vehicle's fully redundant drive-by-wire chassis, and carries a fully automotive-grade autonomous driving kit with nine lidars, three millimeter-wave radars and 13 cameras for 360-degree sensing coverage. The bill-of-materials cost of that kit has been reduced by 70% versus the previous generation, while transportation costs per ton-kilometer are expected to fall by 30%, and Pony.ai's energy-efficiency algorithms combined with the T9's 0.4 Cd drag coefficient are expected to cut energy consumption by 10% compared with conventional trucks. The launch extends the companies' partnership from Robotaxi into Robotruck, following a strategic cooperation agreement signed on April 16 that led to vehicle testing and validation within five months, and Pony.ai plans to enter European and Middle Eastern markets over the next two years.
STMicroelectronics Launches ST SafeSense VD56GA Automotive Image Sensor for In-Cabin Sensing
STMicroelectronics has introduced the ST SafeSense VD56GA, a new 1.1 MP automotive image sensor for infrared in-cabin sensing designed to help OEMs and Tier 1 suppliers scale driver and occupant monitoring across vehicle lines while balancing performance, integration, and cost. The sensor delivers 35% higher modulation transfer function sharpness and nearly 60% higher quantum efficiency than the previous generation, making it currently the only sensor in its class to achieve this level of combined optical resolution and infrared sensitivity. Housed in a compact 3.7 mm x 3.2 mm CSP package, the VD56GA integrates embedded image-processing functions including mirror, crop, dark calibration, auto exposure, and piecewise-linear processing, removing the need for external image-processing resources. Alexandre Balmefrezol, Executive Vice President and General Manager of the Imaging Sub-Group at STMicroelectronics, said the sensor focuses on system-level tradeoffs that matter most, with front-end manufacturing in Crolles, France, providing supply-chain resilience. Anas Chalak, Market and Technology Analyst for Imaging at Yole Group, noted that volumes for driver and occupant monitoring systems are set to exceed 70 million units by 2031. Samples are available now, with pricing information and sample requests available from local ST sales offices.
Tisco recommends holding KCE after news of PCB supply for Tesla robots supports price
Tisco Securities issued an analysis of KCE Electronics Public Company Limited, or KCE, recommending a hold with a fair value of 55.50 baht, after KCE shares rose 10% last Friday on local media reports that KCE is carrying out pilot production of PCE for Tesla's humanoid robot project. Tisco views the development as likely to support the share price in the near term, both through expansion of the price-to-earnings ratio and improved investor confidence, with key drivers being customer base expansion beyond the European automotive market, a possible path to using spare capacity at the Rojana plant after a delay of more than five years, and rising demand for HDI products. However, the contribution to earnings will take time, since Tesla has repeatedly postponed mass production plans for its humanoid robot, with first commercial sales, originally expected to begin in 2026, pushed back to the second half of 2027. The research team therefore does not expect the opportunity to generate exceptionally outstanding margins over the long term, but expects them to be close to those of the current HDI business. Tisco sees continued positive momentum from the opportunity to enter a market worth about 15 billion US dollars by 2030, with current robot designs using roughly 40 to 50 PCB boards per unit. KCE shares today moved at 65.50 baht, down 0.50 baht, or 0.76%, with trading value of 1.34 billion baht.
Ambarella CEO Targets 10%-15% Fiscal 2027 Growth on Edge AI Demand
Ambarella CEO Fermi Wang said the fabless chipmaker is positioning its system-on-chip portfolio for broader edge AI adoption across enterprise security, consumer video, wearables, automotive and edge infrastructure, speaking at Citi's TMT Conference. Automotive accounts for about 30% of Ambarella's revenue and security remains its largest market, while wearables represented roughly 10% of revenue, according to figures cited by the conference moderator. Wang said the company's Cooper software development kit supports its 15 AI SoCs across a portfolio spanning 1 TOPS to 1,000 TOPS, and he named power efficiency as its primary competitive advantage, calling Qualcomm its largest competitor. Ambarella recorded record automotive revenue in its second quarter and has announced partnerships involving Aurora, Continental and Bosch, and Wang said a single consumer vehicle design win could represent several hundred million dollars of revenue. The company works exclusively with Samsung Foundry and expects its first 4-nanometer chip to enter production, and it is targeting 10% to 15% fiscal 2027 revenue growth, with memory availability and pricing the main uncertainty.
Bualuang broker says KCE PCB production for TESLA robots opens new upside
Bualuang Securities issued an analysis of KCE Electronics Public Company Limited, or KCE, noting reports that KCE is in the process of limited-volume printed circuit board production to test systems and the actual production line before beginning mass production, or pilot production, of PCB Optimus. If confirmed, this would open new upside for KCE. Meanwhile, Tesla is installing the first-generation Optimus production line at Fremont to prepare for production to begin in 2026, with that line designed for a long-term robot capacity of 1 million units per year. The second-generation line at Giga Texas is designed for long-term capacity of up to 10 million units per year. Bualuang research assumes one humanoid has about 40 to 50 PCB boards, with an average area of about 80 square centimeters per board, or 0.09 square feet. Compared with KCE, which currently has an average selling price of about US$14 per square foot and HDI at about US$18 per square foot, the research assumes a humanoid PCB ASP of US$22 per square foot, a premium of about 20% over current Auto HDI, which is still below selected AI and datacom PCB at around US$60 to US$100 or more per square foot. Based on these assumptions, one humanoid would have an addressable PCB value of about US$80 to US$95, or roughly US$90 per robot. Based on the Fremont designed capacity of 1 million robots per year, that equals a PCB opportunity of about US$90 million per year. If KCE can capture 10% of that content, it would generate additional revenue of about US$9 million per year, using only about 1% of KCE's production capacity, or about 2% of current revenue. At a gross margin of 25%, the research house estimates incremental profit of about 5% and sees that the potential of humanoids offers much more room to grow, which would also lead to a re-rating of its PER. Based on a 2027 PER of 40 times, that implies a price of about 70 baht. This afternoon, KCE informed the Stock Exchange of Thailand that, following some social media reports about the possibility of trading goods with a company in the United States, the company wishes to clarify that it is in the process of operations but has not reached any conclusion, and asks the public, investors, and related parties to consider information from the company's official channels and verifiable information. KCE shares in the afternoon were at 66.25 baht, up 7.75 baht, or 13.25%, with heavy trading value of 5.30211 billion baht.
KCE clarifies US deal news is still in progress, no conclusion reached
KCE Electronics Public Company Limited, or KCE, informed the Stock Exchange of Thailand that, following social media reports about the possibility of a product trade with a company in the United States, the company is currently in the process of operations but has not reached any conclusion. The clarification was signed by Mr. Pitharn Ongkosit, Chief Executive Officer and Managing Director. The company reiterated that it has always adhered to the principles of good governance and good corporate governance, and therefore asks the public, investors, and related parties to consider information from the company's official channels and verifiable information to prevent misunderstandings from incomplete or incorrect information. Previously, KCE had reports that it was in the process of trial production of printed circuit board components to supply the humanoid robot of Tesla, the global giant in electric vehicles and artificial intelligence.
Geely Launches TT Electric Sports Sedan With 800V Charging and Standard LiDAR
Geely Auto Group announced the launch of the Geely TT under the Geely Auto brand in China, expanding its lineup with an electric sports sedan featuring 800V fast charging, standard LiDAR and an AI-powered cockpit. Alongside the standard trim, Geely launched the limited-edition TT Ultra, which delivers a combined maximum power of 425 kW and accelerates from 0 to 100 km/h in 3.8 seconds, with a chassis tuned by Lotus and a Handling by Lotus badge on each vehicle. Across the range, an 800V electrical architecture is paired with a CATL Shenxing TT battery supporting up to 6C fast charging, adding nearly 500 kilometers of driving range in 11 minutes. Built on Geely's GEA EVO electric architecture, the standard TT features rear-wheel drive, double-wishbone front suspension and five-link rear suspension, and it set a Guinness World Record with a continuous wet-road drift of more than 46 kilometers. All models come with LiDAR and the G-ASD advanced driver assistance system, while the Super Eva AI cockpit assistant supports multilingual interaction; at nearly five meters long with a 2,920 mm wheelbase, the TT offers a flat rear floor and a 23-speaker Flyme Sound system.
Monolithic Power Signs Long-Term GlobalFoundries Deal for Singapore 300mm Production
Monolithic Power Systems has entered a new long-term agreement with GlobalFoundries to expand production capacity for its advanced power management technologies. Under the deal, Monolithic Power will deploy its proprietary process technology at GlobalFoundries' advanced 300mm manufacturing facility in Singapore, with volume production expected to begin in early 2027. The added capacity is intended to serve rising demand across artificial intelligence, automotive, industrial and data center markets, including automotive platforms, industrial robotics and automation, and smart power stages for AI and cloud infrastructure. Monolithic Power faces competition from Analog Devices and Microchip Technology, both of which are also expanding manufacturing capacity. Monolithic Power shares have risen 43.3% over the past year versus 40% growth for the industry, and 2026 earnings estimates have increased 12.7% to $27.11 over the past 60 days while 2027 estimates have risen 18.5% to $34.73.
Pony.ai and Verne Begin Fully Driverless Robotaxi Test Rides in Zagreb
Pony.ai and Verne have started fully driverless Robotaxi test rides with passengers on public roads in Zagreb, a European first. The rides run along a 22-kilometer route linking Verne's headquarters and one of Zagreb's main business districts with Franjo Tuđman Airport Zagreb, and the fully driverless routes will be expanded over the next few months with the aim of covering the whole operating area in Zagreb. The milestone comes just over five months after Pony.ai, Verne and Uber announced their partnership to launch Europe's first commercial Robotaxi service, under which Pony.ai provides the autonomous driving technology, Verne leads service operations and Uber offers access through its platform; since that service launched in early April, the fleet has logged more than 200,000 kilometers, completed several thousand customer rides and achieved an average passenger rating of 4.7 out of 5. The test rides use Pony.ai's seventh-generation Robotaxi, powered by a Pony.ai-developed L4 domain controller built on NVIDIA DRIVE AGX, and are being conducted in accordance with applicable Croatian regulations and the approvals required for autonomous vehicle testing with passengers on public roads. Pony.ai currently operates fully driverless commercial services in four major Chinese cities and has logged more than 100 million kilometers in autonomous operations worldwide, including over 40 million kilometers in fully driverless mode, while its overseas deployment pipeline has expanded to more than 4,000 Robotaxis, including plans with Uber to deploy more than 2,000 vehicles across Europe, and it is targeting a global fleet of more than 3,500 Robotaxis by the end of 2026 across more than 20 cities.
Panasonic Energy Develops Prismatic All-Solid-State Battery, Supports Up to 150 Degrees
Panasonic Energy announced that it has developed a prismatic all-solid-state battery that can be used in high-temperature environments up to 150 degrees Celsius. Chief Technology Officer Shoichiro Watanabe revealed this at the International Rechargeable Battery Expo held in Chiba City on the 9th. Previously, only coin-shaped batteries were available, with a maximum temperature of 125 degrees, but the addition of the prismatic type raises the supported temperature. Sample shipments will begin in the October-December quarter of fiscal 2026, with mass production targeted one to two years later. The company also indicated it will accelerate development of cylindrical batteries for humanoid robots.
Ambarella Engages Capgemini to Accelerate Edge AI Adoption
Ambarella, Inc. and Capgemini announced an engagement to accelerate the development and deployment of Edge and Physical AI solutions across smart infrastructure, retail, logistics, industrial automation, healthcare, and automotive sectors. Under the agreement, Capgemini will provide engineering, systems integration, and industry expertise to help accelerate customer adoption of Ambarella's technologies, focusing on AI processing closer to data generation points such as cameras, vehicles, and robotics. Capgemini will also help establish a dedicated global Edge and Physical AI Center of Excellence to support solution development and deployment readiness. Ambarella's President and CEO, Fermi Wang, emphasized the need for full-stack solutions, while Capgemini's Ray Nath highlighted practical AI deployment. Ambarella has an installed base of over 50 million AI SoC units, and Capgemini reported 2025 global revenues of €22.5 billion.
Ouster Partners with GeoCue to Integrate Rev8 Lidar into TrueView
Ouster, Inc. announced a strategic partnership with GeoCue to integrate its native color Rev8 OS1 Max digital lidar into GeoCue's TrueView product line, offering survey-grade data for utility and infrastructure industries. The collaboration pairs GeoCue's TrueView 1 payloads and LP360 software with Ouster's 256-channel lidar, which is Build America, Buy America Act (BABA)-compliant, giving customers with domestic production requirements a high-performance solution. Joint flight testing in Huntsville, Alabama led to the selection of the Rev8 OS1 Max, which provides superior precision, expanded operational range of 200 meters at 10% reflectivity, native color integration, and density at speed. GeoCue CEO Frank Darmayan and Ouster CEO Angus Pacala both highlighted the benefits for drone surveying and physical AI applications. Ouster will showcase the Rev8 OS1 Max at the Commercial UAV Expo in Las Vegas from September 1-3, 2026, at Booth #1653.
BYD Begins Mass Production of Chips for 4D Millimeter-Wave Radar, Supporting L4 Autonomous Driving
Chinese electric vehicle giant BYD has begun mass production of chips for 4D millimeter-wave radar. These chips are said to support Level 4 (L4) autonomous driving. BYD plans not only to install these chips in its own vehicles but also to supply them externally. With the start of mass production, BYD aims to strengthen its competitiveness in autonomous driving technology and solidify its market position.
Xingrui Technology and Zhenqu Technology Sign Strategic Cooperation Framework Agreement
Ningbo Xingrui Electronic Technology Co., Ltd. recently signed a Strategic Cooperation Framework Agreement with Zhenqu Technology (Shanghai) Co., Ltd. The two parties will carry out deep collaborative cooperation in the fields of new energy vehicle electronic control, robotics, and solid-state transformers. The cooperation includes equity cooperation, with Xingrui Technology planning to participate in Zhenqu Technology's future IPO subscription, core electric drive business support, joint research and development of robot joint modules, joint development of solid-state transformers, and overseas market collaboration including production capacity layout in Europe. Zhenqu Technology is a domestically leading electronic control solution supplier, providing silicon carbide and IGBT power modules, motor controllers, and other products for new energy vehicles, and has already laid out emerging scenarios such as core components for humanoid robots and AI data center power supplies. This agreement is a framework agreement that does not involve specific transaction amounts, does not constitute a related-party transaction or major asset restructuring, and does not require review by the board of directors or shareholders' meeting. The company stated that this cooperation aligns with its strategic development plan, is conducive to enhancing its precision component technology research and production capabilities, will not have a significant impact on this year's operating performance, and that specific implementation remains subject to uncertainty.
Hugging Face's Microduck robot sells 10,000 units, powered by Chinese chip
Hugging Face's new Microduck robot, launched Thursday, has sold over 10,000 units, generating more than $4 million in revenue, and is powered by a chip from Shanghai-listed Rockchip that uses ARM technology. The $399 robot, made by Hugging Face's French subsidiary Pollen Robotics, has seen delivery times pushed past the initial Christmas 2026 promise due to high demand. Rockchip's RK3566 chip, which incorporates ARM-licensed tech, is a key vendor for on-device AI, though analysts note it lacks compute resources for complex edge AI. Rockchip reported a 40% year-on-year increase in first-half operating revenue to 2.88 billion yuan ($428 million), with net profit excluding one-time items up over 60%. The Microduck, weighing 1.76 pounds, is both a toy and development platform, and is the second robot from Pollen Robotics, which Hugging Face acquired last year. Just before its release, The Information reported Nvidia agreed to buy Hugging Face for $12.9 billion, though neither company commented. Other startups like Zeroth and Mondo Robotics are also launching similar personal robots at premium prices.
Computer-Based Sensing Market to Hit $147.81 Billion by 2030
The global computer-based sensing market is projected to grow from $59.48 billion in 2025 to $71.25 billion in 2026, a compound annual growth rate of 19.8%, and reach $147.81 billion by 2030, according to a new report from ResearchAndMarkets.com. Growth is driven by AI integration, robotics, and edge computing, with North America leading in 2025 and Asia-Pacific expected to grow fastest. Key trends include sensor fusion, edge AI analytics, and embedded vision, with recent developments such as Sony's Raspberry Pi AI Camera and ZEISS's acquisition of Pi Imaging Technology. The report profiles major players including Keyence, Omron, and Cognex.
Chinese Car Brands Rise on Full-Chain Innovation and New Production Models
Chinese car brands have surged to a 77.4 percent domestic market share in July 2026, up from 40.3 percent in 2023, driven by full-chain innovation and new production models. The rise is powered by systemic innovation across the NEV industry, with Chinese companies leading in key components like batteries, motors, and electronic controls, as well as in software and AI. Super factories, such as Seres' Chongqing plant with over 3,000 robots, enable rapid production, with AITO reaching one million vehicles in 46 months. The industry benefits from a complete supply chain, exemplified by the Yangtze River Delta's four-hour industrial circle, and a vibrant ecosystem integrating innovation, industry, capital, and talent chains.
Analysts bullish on Shuanghuan despite humanoid robots still in concept stage
Analysts are bullish on Shenzhen-listed Shuanghuan, a gear box supplier, despite humanoid robots remaining largely conceptual. Deutsche Bank analysts noted that Tesla has been co-developing a new type of gear box, called a reducer, with Shuanghuan for three years, potentially for use in humanoid robot waist joints. Shuanghuan will retain a controlling stake in the planned IPO of its robotics gearbox subsidiary, Fine Motion, which contributed about 5% of the parent's consolidated revenue and net profit in 2025. Deutsche Bank rates Shuanghuan a buy with a price target of 45 yuan ($6.70), while Bernstein analysts, who rate the stock outperform with a 60-yuan target, believe the market underestimates its robotics opportunity, especially as Chinese automakers expand into humanoids. UBS also rates Shuanghuan a buy with a 50-yuan target, trimming it by 3 yuan after second-quarter earnings pressure from key client BYD, but sees AI and robotics unlocking medium- to long-term growth. Morgan Stanley's wrapup of the World Robot Conference highlighted a preference for leading parts makers like Shuanghuan, citing rising standards for component suppliers as deployment begins.
Zhaofeng Shares Reports Steady Revenue Growth in First Half, Begins Mass Delivery of Core Components for Embodied Intelligence
Zhaofeng Shares disclosed its 2026 semi-annual report on the evening of August 28. In the first half of the year, the company achieved operating revenue of 346 million yuan, up 0.51 percent year on year, while net profit attributable to the parent company was 14.34 million yuan, a year-on-year decline. The decline was mainly due to the high base of fair value gains from Chery Automobile's Hong Kong listing in the same period last year and fluctuations in the capital market during the current period. The company's domestic revenue performance was particularly strong, reaching 260 million yuan, up 45 percent year on year, and it has established cooperation with mainstream automakers such as Changan Automobile, Geely Automobile, and Chery Automobile. In the field of embodied intelligence, cross roller bearing products have already achieved mass delivery, multiple screw products have entered the small-batch trial production stage, and research and development investment increased 19.98 percent year on year to 25.66 million yuan. The company plans to issue convertible bonds of no more than 1.4 billion yuan to fund projects including the industrialization of high-end precision components for embodied intelligent robots and intelligent driving for automobiles. It also indirectly holds equity in robotics companies such as Leju Intelligent and Yunshenchu, with Leju Intelligent's IPO on the ChiNext board already accepted.
Sanhua Intelligent Controls: Development of Bionic Robot Electromechanical Actuators Achieves Results
Sanhua Intelligent Controls stated at its earnings briefing on August 27 that in the first half of 2026, the bionic robot industry continued to advance from technology validation toward industrial scenario deployment. Technologies such as embodied intelligence kept improving, driving pilot applications of robots in manufacturing, logistics, and inspection. As robot intelligence levels continue to rise and application scenarios gradually expand, the industry has put forward higher requirements for key technologies including perception, actuation, and thermal management. At present, the company's bionic robot electromechanical actuator products have received positive feedback from customers, product development has achieved results, core products are steadily advancing batch delivery and production line ramp-up, and new product development and market promotion are being carried out simultaneously.
Amazon and Nvidia are dramatically expanding their AI infrastructure partnership, with AWS planning to deploy 2 million additional Nvidia GPUs across its global network in 2027 and 2028. The expanded agreement covers Nvidia Blackwell Ultra, Rubin and Rubin Ultra GPUs, along with broader integration across CPUs, networking, open models, data processing and robotics. AWS and Nvidia also plan to build AI factories for the U.S. government, including 100,000 GPUs dedicated to federal and national-security workloads. The partnership extends beyond raw compute, with Amazon Robotics adopting Nvidia's physical AI platform for warehouse automation, and AWS offering infrastructure built around Nvidia Vera CPUs and deepening support for Nvidia's Nemotron models. The announcement follows Nvidia's fiscal second-quarter revenue surge of 106% year over year to $96.2 billion, with Data Center revenue jumping 117% to $89 billion, and Nvidia guiding for roughly $108 billion of third-quarter revenue.
Amazon to Add 2 Million Nvidia GPUs Despite Own AI Chips
Amazon.com Inc. is doubling down on Nvidia hardware even as it continues investing in its own AI chips. Amazon Web Services said it will deploy 2 million additional Nvidia GPUs between 2027 and 2028, including Blackwell Ultra, Rubin and Rubin Ultra systems, on top of the 1 million Nvidia chips Amazon had already committed to installing starting in 2026. The scale of that deployment shows how deeply Amazon still depends on Nvidia for AI infrastructure, despite years of work on its own Trainium processors through Annapurna Labs. AWS and Nvidia are also broadening the partnership beyond GPUs, planning to build dedicated AI factories for the U.S. government using 100,000 GPUs, while Nvidia's Nemotron models will be added to Amazon Bedrock and SageMaker, and Amazon Robotics will use Nvidia's physical AI platform for warehouse automation. Amazon is not abandoning its internal chip strategy, as AWS said Annapurna Labs will work with Nvidia to extend NVLink Fusion with high-bandwidth memory for Trainium chips.
RoboSense H1 Revenue Up 30.2%, Robotics LiDAR Sales Surge 510.4%
RoboSense Technology reported its 2026 interim results, with total revenue rising 30.2% year over year to RMB 1.02 billion in the first half. Total LiDAR sales volume grew 169.6% to 719,200 units, while robotics LiDAR sales volume surged 510.4% to 282,600 units, cementing its role as the core growth engine. The company expanded beyond LiDAR into three robotics component categories—"Eyes," "Skin," and "Muscles"—with first commercial deliveries beginning in Q3 2026. CEO Mark Qiu said 2026 marks a pivotal inflection point as these product lines move from development to commercialization. The company also unveiled its EOCENE SPAD-SoC architecture and two new chipsets, Phoenix and Peacock, with the E2 LiDAR model now in full-scale production.
Leadshine Technology's Half-Year Report Shows Strong Growth, Second Growth Curve Begins to Deliver
Leadshine Technology disclosed its 2026 half-year report on August 27. First-half revenue was 1.247 billion yuan, up 39.92 percent year on year, and net profit attributable to the parent company was 194 million yuan, up 62.79 percent. Second-quarter net profit surged 92.49 percent year on year, continuing a quarter-by-quarter acceleration trend. Servo system revenue reached 661 million yuan, up 54.82 percent, becoming the primary growth engine. Orders in hand for frameless torque motors exceeded one million units, and robot components such as dexterous hands have begun volume shipments. Although the company's earnings growth ranks among the top humanoid robot concept stocks, its price-to-earnings ratio is about 58 times, lower than peers such as Zhaowei Machinery and Moons' Electric, and the market remains divided on its valuation. Net operating cash flow fell 14.01 percent year on year, and accounts receivable accounted for 25.75 percent of total assets, so the quality of growth still needs to be watched.
Zhenyu Technology's 2026 interim report: net profit doubles but cash flow under pressure
Zhenyu Technology released its 2026 interim report on August 26. During the reporting period, it achieved operating revenue of 6.394 billion yuan, up 58.01 percent year on year. Net profit attributable to the parent company was 423 million yuan, up 100.30 percent year on year. Non-GAAP net profit was 412 million yuan, up 108.37 percent year on year. Precision structural components remained the core revenue source, generating 5.089 billion yuan, accounting for nearly 80 percent of total revenue and rising 59.05 percent year on year, with a gross margin of 15.02 percent. This was mainly driven by surging demand for new energy vehicle drive motor cores and lithium battery precision structural parts. The company has deeply tied itself to leading automakers such as BYD, Xiaomi, and Li Auto, as well as lithium battery leaders including CATL and EVE Energy. However, net cash flow from operating activities was 59.1663 million yuan, down 66.07 percent year on year, mainly due to changes in customer payment methods and account periods. Accounts receivable reached 5.176 billion yuan at the end of the period, accounting for 33.58 percent of total assets, creating capital occupation pressure. In addition, humanoid robot related products have entered the verification or small batch supply stage and are expected to become a second growth curve.
Jiechang Drive's 2026 Interim Report: Revenue Up but Net Profit Down
Jiechang Drive released its 2026 interim report on August 26. During the reporting period, the company achieved operating revenue of 2.109 billion yuan, up 5.10 percent year on year. However, net profit attributable to the parent company was 229 million yuan, down 15.43 percent year on year, and non-GAAP net profit was 176 million yuan, down 30.82 percent. The profit decline was mainly affected by increased foreign exchange losses, higher research and development investment, and raw material inventory buildup. Financial expenses swung from a net gain of 53.7 million yuan in the same period last year to a net expense of 52.91 million yuan, while research and development expenses rose 29.31 percent year on year to 152 million yuan. Overseas sales account for about 70 percent of the company's total. The first phase of its Hungary base coming online and the expansion of its Malaysia base supported revenue growth. At the same time, the company implemented a dividend plan of 3.10 yuan in cash for every 10 shares. At the industry level, the linear drive sector is in an upswing. The company is positioning itself in the robot actuator business by launching products such as internal cable routing lifting columns and frameless torque motors, but it faces risks from US tariff policies and exchange rate fluctuations.
Longxi Bearing first-half net profit 53.1284 million yuan, down 17.96% year on year
Longxi Bearing disclosed its 2026 semi-annual results report. In the first half, it achieved operating revenue of 604 million yuan, down 18.85% year on year. Net profit attributable to shareholders of the listed company was 53.1284 million yuan, down 17.96% year on year. Basic earnings per share were 0.13 yuan. The company significantly reduced its low-margin production-related trading business and focused on its core industrial operations, centering on applications of high-end mechanical components such as spherical plain bearings in aerospace, high-speed rail and bullet trains, wind power and nuclear power, humanoid robots, and the low-altitude economy. Product sales revenue reached 595 million yuan, up 21.67% year on year. Among this, sales revenue from spherical plain bearings and components supporting humanoid robots was 34.39 million yuan, accounting for 5.78% of product sales revenue and up 523.64% year on year, becoming a new profit growth point.
Tuopu Group's first-half net profit attributable to parent was 1.02 billion yuan, down 21% year-on-year
Tuopu Group released its 2026 interim report. First-half net profit attributable to the parent was 1.02 billion yuan, down 21% year-on-year, while operating revenue was 14.2 billion yuan, up 9.8% year-on-year. Second-quarter net profit attributable to the parent was 471 million yuan, down 35.5% year-on-year, and operating revenue was 7.57 billion yuan, up 5.6% year-on-year. The company said that in the face of declining demand in the domestic passenger vehicle market, it maintained sales revenue growth by relying on its intelligent electric vehicle product line, accelerated the rollout of emerging businesses such as robot actuators and liquid cooling, and advanced its internationalization strategy. Management believes that as new production capacity reaches full output and economies of scale emerge, the decline in net profit is expected to improve.
Nanshan Zhishang disclosed its 2026 semi-annual report on the evening of August 26. In the first half of the year, it achieved operating revenue of 1.181 billion yuan, up 61.50% year-on-year, with net profit attributable to the parent company of 71.963 million yuan. Second-quarter revenue was 612 million yuan, and net profit attributable to the parent company was 41.1747 million yuan, up about 33.7% quarter-on-quarter. During the reporting period, the company's nylon fiber segment achieved operating revenue of 420 million yuan, a sharp year-on-year increase of 477.09%, successfully turning losses into profits and officially entering a stage of large-scale performance realization. The company has steadily released production capacity through its 80,000-ton high-performance differentiated nylon fiber project. Its PA6 product line is positioned for outdoor apparel and high-end fabrics, while its PA66 civilian yarn business benefits from scarce industry supply. In addition, the company's self-developed ultra-high-strength robotic transmission tendon ropes have entered the customer certification and small-batch industrialization stage, and it is also laying out cutting-edge products such as robotic flexible skin and intelligent tactile interaction gloves. The company stated that it will continue to amplify the strategic value of its new materials segment and build a domestically leading, internationally first-class high-performance fiber innovation industry cluster.
EVETAR's H1 net profit attributable to parent reaches 177 million yuan, up 37.1% year-on-year
EVETAR released its 2026 half-year report, with net profit attributable to the parent company reaching 177 million yuan in the first half, up 37.1% year-on-year. Operating revenue was 574 million yuan, up 54.4% year-on-year; net profit attributable to the parent after deducting non-recurring items was 165 million yuan, up 33.7% year-on-year; net operating cash flow was 234 million yuan, up 49.8% year-on-year; earnings per share were 0.4299 yuan. In the second quarter, operating revenue was 335 million yuan, up 62.1% year-on-year, and net profit attributable to the parent was 106 million yuan, up 47.5% year-on-year. As of the end of the second quarter, total assets were 2.053 billion yuan, up 10.2% from the end of the previous year, and net assets attributable to the parent were 1.623 billion yuan, up 5.7% from the end of the previous year. The company said that during the reporting period, both production and sales volumes of its main optical products increased significantly, strongly driving overall performance growth. At the same time, the company actively followed global AI and intelligent trends, transforming and upgrading from traditional customized imaging components to key components of high-end intelligent optical systems. In the first half of the year, order density for drone optical products in the low-altitude economy sector increased substantially year-on-year, and the gross margin of products in the machine vision sector was also higher than the overall average.