Latest news with #MichaelTam
Yahoo
24-05-2025
- Business
- Yahoo
UBTECH's Tam on Plans to Scale Up Production
Michael Tam, Chief Brand Officer at UBTECH, discusses the robotics firm's business outlook and growth strategy, as the company plans to increase production 10-fold in 2026. He speaks exclusively with Annabelle Droulers on the sidelines of the BEYOND Expo in Macau on "Bloomberg: The China Show."
Al Bawaba
23-05-2025
- Business
- Al Bawaba
China to unveil its first home companion robot this year, priced at $20K
Published May 23rd, 2025 - 04:59 GMT ALBAWABA - UBTECH Robotics, a Chinese robot manufacturer, has announced the launch of its first home companion robot, set to debut this year at a price of $20,000. The humanoid robot is designed to serve as a household companion, aligning with the rapidly growing market for domestic robotics in China. Also Read Abu Dhabi officially begins robotaxi tests Home companion humanoid robot UBTECH Robotics will launch its first home companion humanoid robot this year, priced at approximately $20, expect it to make a significant impact, as demand for humanoid robots and home companions in China continues to grow, particularly for elderly and childcare support. The company stated that it plans to ship around 1,000 units this year and is positioning itself as a strong competitor against major players such as Tesla, BYD, and Foxconn Technology Group. UBTECH Robotics will launch its first home companion humanoid robot this year, priced at approximately $20,000. (Shutterstock) Michael Tam, UBTECH Robotics Chief Brand Officer, stated: 'White-hot competition creates a lot of pressure on a single company, but for the whole industry, it does help preserve good companies and eliminate bad ones.' Also Read Uber to launch robotaxi service in Europe in 2026 © 2000 - 2025 Al Bawaba (
Bloomberg
23-05-2025
- Business
- Bloomberg
A $20,000 ‘Home Companion' Robot From China to Debut This Year
China's UBTech Robotics Corp. is planning to unveil a $20,000 humanoid robot that can serve as a household companion this year, seeking to expand beyond factories. The company sees 'home companion' robots as a bright spot in China partly because of the growing need for elderly care, Chief Brand Officer Michael Tam told Bloomberg News in an interview on Friday. Still, he didn't give a timing for when the product goes on sale and said an all-purpose robot that can handle many types of household chores and look after human beings is years away as the technology isn't ready.
Bloomberg
23-05-2025
- Business
- Bloomberg
UBTECH's Tam on Plans to Scale Up Production
Michael Tam, Chief Brand Officer at UBTECH, discusses the robotics firm's business outlook and growth strategy, as the company plans to increase production 10-fold in 2026. He speaks exclusively with Annabelle Droulers on the sidelines of the BEYOND Expo in Macau on "Bloomberg: The China Show." (Source: Bloomberg)
Yahoo
03-03-2025
- Automotive
- Yahoo
Future of Made-in-China: UBTech Robotics deploys first humanoid 'team' in car factory
A Shenzhen-based humanoid robot maker said it has deployed "dozens of robots" in an electric vehicle (EV) factory where they work together on complicated tasks, offering a peek into the future of Made-in-China tech as artificial intelligence (AI) and robotics technologies are applied to empower manufacturing. Hong Kong-listed UBTech Robotics said on Monday that it has completed a test to deploy dozens of its Walker S1 robots in the Zeekr EV factory in the Chinese port city of Ningbo for "multitask" and "multi site" operations. According to photos and videos provided by UBTech, the human-shaped robots work as a team to complete tasks such as lifting heavy boxes and handling soft materials. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. The successful deployment showcases China's progress in upgrading its massive manufacturing capability by letting smart robots run factories through autonomous interaction and coordination. US billionaire Elon Musk said in late January that he aimed to deploy 10,000 Optimus humanoid robots in Tesla factories this year. It is unclear how many humanoid robots Tesla has deployed so far. In a post on X in January, Tesla revealed that it has had two Optimus robots working autonomously on its factory floor since June 2024. UBTech robots working in the Zeekr car plant in Ningbo. Photo: Handout alt=UBTech robots working in the Zeekr car plant in Ningbo. Photo: Handout> UBTech did not disclose how many S1 robots it has deployed to the Zeeker factory, but a "group photo" of the robots showed that the number was around 20. Zeekr is an EV brand owned by Chinese car conglomerate Geely Auto, one of China's major car makers. UBTech planned to deliver between 500 and 1,000 of its Walker S-series robots this year to customers including car makers, Apple supplier Foxconn and logistics firm SF Express, UBTech chief brand officer Michael Tam said in an interview on the sidelines of the recent China Conference hosted by the South China Morning Post. UBTech said on Monday it has developed a multimodal reasoning model based on DeepSeek's open-source reasoning model R1, which allows its robots to "break down, schedule and coordinate tasks autonomously". The company said the technical breakthrough of controlling multiple robots for coordinated production "ensures efficient teamwork in complex industrial environments and paves the way for the next evolution of intelligent manufacturing". The robots were deployed in different workshops for assembly, instrument testing, quality control and vehicle door processing, it said. Two robots are able to work together to lift a heavy box and carry it to another spot, which requires coordination in route planning and load distribution, according to a video posted on the company's YouTube channel on Monday. The humanoid robot, which has five fingers on each hand, can perform delicate work, such as holding thin films without causing damage. UBTech trains its AI model on a data set accumulated from a number of car plants. It has deployed its robots to Geely Auto, FAW-Volkswagen, Audi FAW and BYD, all of which have completed training in the use of individual humanoid robots. UBTech is "accelerating its multi-humanoid robot collaborative training" to more partners, it said on Monday. Shares of UBTech rose 2.7 per cent to close at HK$92.80 in Hong Kong on Monday. This article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP's Facebook and Twitter pages. Copyright © 2025 South China Morning Post Publishers Ltd. All rights reserved. Copyright (c) 2025. South China Morning Post Publishers Ltd. All rights reserved.
