How many will survive?: Bubble fears arise as China humanoid robotics face reality check

[SHANGHAI] From robots for healthcare and companionship, to those used in malls and hotels, China’s humanoid robotics industry is growing rapidly – although some in the industry caution that this area is nowhere near maturity. The number of humanoid robotics companies has expanded from just a few dozen startups a few years ago to more than 150 companies currently. Significant funds are pouring into this sector, with at least 50 upcoming artificial intelligence and robotics initial public offerings in China and Hong Kong by the end of 2026. Unitree, one of the top humanoids startups in this area in China, soared during its Shanghai debut in August,…