UBTECH has signed a strategic cooperation agreement with Tianyi Telecom Terminal, a subsidiary of the state-owned operator China Telecom, to bring humanoid and companion robots into homes, according to the Chinese robot portal China Robot Network.
The companies aim to grow the market for home companion robots to more than 1 million units within three years, and that for humanoid robots with legs or wheels to more than 100,000. Tianyi will add China Telecom's cloud, network, AI, quantum computing, satellite and security technology to the robots and sell them through China Telecom's sales network, including through rental trials.
UBTECH will develop products together with China Telecom and invest more in home and commercial service robots. It started a factory this year that can make 10,000 robots a year.
Background
Tianyi Telecom Terminal
Telecom device company
A wholly owned subsidiary of China Telecom, set up in 2008, that runs its device business.
