πππWhile the Chinese robotic sector is currently experiencing an unprecedented capital boom, today's humanoid robots operate at about 30% to 40% of human industrial efficiency. They are also still heavily reliant on government subsidies.
The true iPhone moment requires hardware manufacturing costs to drop to a consumer friendly USD 20,000 before it will take off.
There is no question that the iPhone moment will definitely come for the robotic sector. It just needs time and patience before it will come to fruition.
Nonetheless exciting times are ahead for robotic stocks like $ZHAOWEI(02692)$ $UBTECH ROBOTICS(09880)$ and $ESTUN(02715)$ as they will continue to grow exponentially.
It is time to put these stocks in my watchlist to buy and hold long term.
@Tiger_comments @TigerStars @Tiger_SG
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