Market Chatter: SoftBank's $5.38 Billion ABB Buy Signals Shift in Japan Robotics Race

MT Newswires Live02-03 07:59

Japanese robotics companies are shifting strategy as "physical AI" robots move the industry focus from hardware precision to data and software, Nikkei reported Tuesday.

SoftBank Group (TYO:9984) in October said it will buy ABB's robotics business for $5.38 billion, seeking to combine its AI with ABB's hardware after the unit shipped over 500,000 robots, according to the report.

Japan's share of the global robotics market fell to about 40% in 2024 from around 80% in the 1980s, according to International Federation of Robotics data, as rivals such as Tesla and China's Unitree gain ground, the report said.

Fanuc (TYO:6954) and Yaskawa (TYO:6506) are also opening up. Fanuc in December said it will work with Nvidia on open-source robot control software, while Yaskawa said it will partner with SoftBank Corp. to develop AI-enabled robots for offices, hospitals and commercial facilities, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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