Advertising

Chinese Robot Maker AgiBot Eyes $6 Billion Hong Kong IPO in 2026

Updated 4 days ago 3 minutes of read Views: 134

Chinese Robot Maker AgiBot Eyes 6 Billion Hong Kong IPO in 2026 | Latesttechnewshub Chinese Robot Maker AgiBot Eyes 6 Billion Hong Kong IPO in 2026 | Picture uploaded on Latesttechnewshub

HONG KONG/BEIJING (October 10) – The Chinese humanoid robot developer AgiBot, several sources privy to the plan said, is preparing to launch an initial public offering (IPO) in Hong Kong next year for a valuation between HK$40 billion and HK$50 billion (approximately $5.1–6.4 billion).

With principal backers that include Tencent and HongShan Capital Group (HSG), the Shanghai-based establishment plans to file its preliminary prospectus in early 2025 and, if all goes well, would debut on the public market by the third quarter of 2026.

The IPO, first reported by Reuters, would be one of the most ambitious listings from China’s budding robotics sector—a sector that Beijing considers critical in rejuvenating its aging workforce and advancing national automation goals.

AgiBot’s Expansion and Investment Partners

AgiBot was founded in 2023 by former Huawei engineers Deng Taihua and Peng Zhihui. It became a newsworthy company earlier this year when President Xi Jinping inspected its humanoid robots during a visit to Shanghai.

The company manufactures two main models of robots—Yuanzheng and Lingxi—and data collection systems for AI model training. Their technology can perform tasks in the real world, such as folding clothes, brewing coffee, and cleaning facilities, all to the end of improving operational efficiency for industries and cutting labor costs.

In August of 2025, AgiBot announced a multi-million yuan partnership with Fulin Precision Engineering, to deploy some 100 Yuanzheng robots across its manufacturing plants. At the same time, the firm wound up strategic funding featuring LG Electronics, Mirae Asset, BYD, and Hillhouse Investment, per regulatory filings.

IPO Details and Market Outlook

For its Hong Kong listing, AgiBot has named China International Capital Corp (CICC) and CITIC Securities as joint sponsors, with the addition of Morgan Stanley in recent weeks.

In the offering, according to one source, it is estimated that the company will dispose of 15%–25% of its shares. But issues like timeline, pricing, and valuation remain to be determined, subject to market conditions.

AgiBot was valued at $2.07 billion as of March 2025, according to PitchBook data.

China’s Robotics Boom

With the emergence of new startups and tech giants, China’s humanoid robotics industry is heating up real fast. This upcoming IPO of AgiBot will be following the path of Ubtech Robotics, the first humanoid robot company ever listed in Hong Kong in late 2023; Ubtech has since gained 150% in 2025 and significantly outperformed Hang Seng Index, which registered a paltry 32% gain.

The competing Unitree Robotics is reportedly preparing to debut on the Shanghai STAR Market for a valuation as high as 50 billion yuan ($7 billion).

It has now been reported by the London Stock Exchange Group (LSEG) that Hong Kong has overtaken New York as the world’s premier IPO hub by total volume of listings and secondary offerings in 2023. So far, more than 270 companies have filed to list in the city and have raised almost $24 billion in 2025, more than double what has been raised in 2024.

What’s Next for AgiBot

With strong government support, international investors, and an unprecedented global demand for humanoid automation, this IPO of AgiBot may set the new benchmark for China’s AI-centric robotics industry.

If successful, it will entrench Hong Kong as the de facto market for the next generation of tech innovation across China-from humanoid robots to advanced AI automation systems reshaping the future of work.

❓ FAQs

Q1: What type of company is AgiBot?
AgiBot is a Chinese robotics company that designs and manufactures humanoid robots along with AI-based automation systems that operate for industries such as manufacturing and logistics.

Q2: When will AgiBot's IPO take place?
The company plans to submit its IPO prospectus in early 2025 and switch to the Hong Kong Stock Exchange in the third quarter of 2026, market conditions permitting.

Q3: How much money is AgiBot's IPO projected to raise?
According to sources, an estimated valuation of HK$40 to 50 billion—which is equivalent to approximately USD$5.1 to6.4 billion—would qualify as one of the largest IPOs in the sector of humanoid robotics.

Q4: Who are the main investors of AgiBot?
Some of the big names backing the company include Tencent, HongShan Capital, LG Electronics, Mirae Asset, BYD, and Hillhouse Investment.

Q5: What is AgiBot's work?
AgiBot's major humanoid robot models are Yuanzheng and Lingxi, which can carry out daily and industrial activities such as folding garments, making coffee, and cleaning.

Q6: How does AgiBot's IPO relate to China's AI and robotics boom?
It highlights the increasing focus of China on AI-led automation and robotics innovation, a growing trend supported by government policies to mitigate the aging society and labor shortage.

-----------------------------------------------------------

Categories:- AI & Machine Learning, Startups & Business Tech

Latesttechnewshub

LatesttechnewshubAuthor

1 thought on “Chinese Robot Maker AgiBot Eyes $6 Billion Hong Kong IPO in 2026”

  1. Pingback: U.S. Retailers Remove Millions of Banned Chinese Electronics

Comments are closed.

Advertising

Samsung Expects Strongest Profit Since 2022 as AI Demand Tightens Memory Chip Supply

Updated 4 days ago 4 minutes of read Views: 23

Samsung Expects Strongest Profit Since 2022 as AI Demand Tightens Memory Chip Supply Samsung Expects Strongest Profit Since 2022 as AI Demand Tightens Memory Chip Supply | Picture uploaded on Latesttechnewshub

SEOUL (Oct. 14) — Samsung Electronics was expected to record the strongest quarterly profit in over three years, led by strong demand in memory chips across the globe and by the AI boom, which will consequently affect commodity chips to be in tight supply, pushing prices high.

The South Korean tech giant also expected an operating profit of 12.1 trillion won ($8.5 billion) for the July–September period, up 32% on a yearly basis and better than the expected analyst figure of 10.1 trillion won as compiled by LSEG SmartEstimate. The result is a notch back to one of Samsung’s finest for this quarter in the last 13 and a signal of the semiconductor market that has a strong foundation to return.

AI Throws Out Some Cork in the Memory Ocean of Recovery

In that respect, while lagging in its effort to capture a chunk of the high-bandwidth memory market clients (by selling HBM chips to Nvidia, for instance), Samsung’s strong showing in conventional DRAM and NAND memory markets might have fueled the loss-making AI chip sales.

“The earnings surprise came from the chip business,” said Ryu Young-ho, senior analyst at NH Investment & Securities. “Strong demand for conventional memory to support general-purpose servers, combined with robust HBM demand for AI servers, has fueled overall memory demand.”

Samsung’s dominance has been largely drawn from its memory chip-making, which has stayed the longest in the world, as some of the closest constraints haven’t hampered the supply-export scenario with such good fortune. DRAM chips — which have been widely used in servers, smartphones, and PCs — were up by over 170% in price from a year earlier yield, according to TrendForce.

Increasing Revenue with Pricing Power

Sales in the quarter rose by 8.7% to 86 trillion won, an all-time high since it benefited from a weakening won and higher chip prices. Analysts said the Samsung Foundry division managed to cut losses during the period by becoming more profitable, which helped the overall business.

“Samsung is a major beneficiary of the growing demand for commodity chips,” said Sohn In-joon from Heungkuk Securities, pointing out that lower inventories and stronger DRAM and NAND prices have given the company more bargaining power.

The company is expected to release detailed earnings on October 30.

AI Boom Tightens Memory Chip Supplies

AI infrastructure — including servers and data centers — that are being built out across the globe is essentially choking the supplies of traditional memory chips, which have thus faced lengthy periods of scarcity through 2026, during which memory chip prices are likely to rise.

Many chipmakers involved themselves in producing advanced AI hardware, thereby squeezing the supply of regular memory. Analysts anticipate the shortages in the commodity memory through 2026 by rapidly accelerating AI-related upgrades and will continue to cause similar conditions in other major tech firms.

Samsung has recently secured various supply contracts involving Tesla and OpenAI which suggest that it might be focused on AI applications. However, potential trade tensions between the US and China, export restrictions, and other hikes on tariff barriers could spoil its ambition in consumer electronics and its chip exports in the impending quarters.

AI Ambitions and Future Outlook for Samsung

While Samsung surrendered its global No. 1 DRAM market share to SK Hynix this year, a gradual recovery is expected to resume when it presents the bulk production of HBM3E chips and get set to develop HBM4 for 2026, as analysts project.

“Samsung is on track with next-generation HBM4 development, working closely with major U.S. partners,” Morgan Stanley noted in a recent report.

To further encourage employees, the company plans to launch a performance-based share compensation program for all its employees across South Korea over the next three years, according to a recent internal memorandum.

Amid fierce market competition, analysts seem confident that Samsung has the right ingredients in its mix, such as AI-driven innovation, careful supply discipline, and strategic R&D investment, to hit a bulls-eye in the memory market.

Outlook

In conclusion, Samsung performance in the third quarter represents the balancing act between AI and the recovery in the traditional chip market. Hence, the future balancing token for AI chips and memory chip production will be the location of the fight for the halfway house shaping the next decade conjoined with semiconductor technology.

❓ FAQs

Q1: Why is Samsung reporting its highest profit since 2022?
Profit rose sharply as demand from end users to increase the prices of conventional memory chips derived from the rising trend in the development of AI infrastructure and data centers around the world.

Q2: How much profit did Samsung earn in the third quarter?
The expected operating profit of the company for the period between July and September is about 12.1 trillion won, or roughly $8.5 billion, marking the best quarterly performance in more than three years.

Q3: What causes the global chip shortages?
While manufacturers chase after AI and high-output chips, production of conventional memory chips has, however, slowed down, tightening supply and lifting prices.

Q4: How does Samsung compete in AI chip technology?
Samsung is vigorously stepping up its production of HBM3E and next generation HBM4 chips with an aim to par the gap between itself and SK Hynix while further strengthening partnerships with American counterparts like Nvidia.

Q5: What risks could hinder Samsung's growth?
Analysts conjecture that along with U.S.-China trade tensions, export controls, and competition in the AI market, the aforementioned factors could hinder or inhibit Samsung's future earnings and operations.

-----------------------------------------------------------

Categories:- AI & Machine Learning, Cybersecurity, Software & SaaS, Startups & Business Tech

Latesttechnewshub

LatesttechnewshubAuthor

Advertising

Google faces tighter regulation in UK over search dominance

Updated 4 days ago 4 minutes of read Views: 27

Google faces tighter regulation in UK over search dominance Google faces tighter regulation in UK over search dominance | Picture uploaded on Latesttechnewshub

LONDON (Oct 10) — Tech giant Google might soon have to go with another way of doing business in the UK after having been successfully designated as the first under the new rules which curb Big Tech dominance.

As part of the UK’s digital economy, the Competition and Markets Authority (CMA) has now elevated Google’s search business to the status of “strategic market status” (SMS). Thus, the regulator has a relatively wide authority to set fair competition and transparency parameters.

“The CMA has decided that Google maintains a strategic position in the search and search advertising sector with over 90 percent of the searches in the UK conducted on its platform,” explained Will Hayter, CMA Executive Director for Digital Markets.

Meaning Behind the CMA’s Ruling

While the decision itself doesn’t accuse Google of any wrongdoing, it empowers the CMA itself to intervene at times of great market imbalance, impose penalties for breaches, and call for operational changes.

Potential interventions include the following — previously raised for consideration back in June:

  • Ranking competitors fairly in search results
  • Making it easy for users to access alternative search engines
  • Giving publishers and content producers more power and rights over the use of their work in AI-generated search responses

The CMA sees consultation on specific measures later this year, which will be followed by setting of final requirements.

Google Pushes Back

Google has defended its position, adding that excessive regulation would hinder innovation and delay product roll-outs in the UK.

“Most of the ideas raised would inhibit UK innovation and growth, possibly slowing product launches at a time of great AI-driven innovation,” said Oliver Bethell, Google’s Senior Director for Competition.

The firm recently committed to invest £5billion ($6.65 billion) in Britain, making it clear that this was to point out its unwavering commitment to the UK, notwithstanding regulatory hurdles.

The Beginning of a New Era in Technical Oversight

This is the first major application by the CMA of its powers to control Big Tech. Investigation into mobile operating systems, in particular Android, could lead to other restrictions on Google.

At the same time, Google is also facing more scrutiny worldwide:

  • The U.S. Federal Trade Commission is investigating search advertising practices in concert with Amazon.
  • The U.S. Department of Justice is pushing to force Google to divest some ad-tech assets.
  • Recently, the European Union fined Google $3.45 billion for anti-competitive behavior in its advertising business.

These coordinated efforts signal a broader international push to rebalance power in digital markets.

Impact on Consumers and Publishers

Experts see that the CMA’s move could empower publishers and smaller tech players alike, putting them in a stronger position for deciding how their data and content would be utilized in any training AI.

Tom Smith, who was a director at the CMA and is now a competition lawyer at Geradin Partners, said the reduction of Google’s dominance could clear long-held distortions in the market.

“Giving control to website operators regarding how their content is used for AI training would help level the playing field and diminish Google’s unfair predominance,” Smith stated.

CMA confirmed that at present, Google’s Gemini AI assistant does not stand within the ambit of its designation. In contrast, other AI-based functionalities, including AI Overview and AI Mode, come under the ambit — a move signifying the first-ever attempt by the UK to govern the integration of AI with search results.

A Broad Push for Responsible AI and Search Innovation

The UK government has encouraged the CMA to trade-off competition versus economic growth, stressing innovation while keeping a clear regulatory pathway for businesses.

With more watchful eyes from regulators worldwide, the results of this case could set the benchmark for how countries oversee AI search engines and advertising dominance for the next decade.

❓ FAQs

Q1: Why is Google coming under fresh regulation in the UK?
The UK Competition and Markets Authority (CMA) has classified Google as holding strategic market status, thereby enabling regulators to oversee its dominance in search and advertising.

Q2: What changes could possibly be imposed on Google?
Measures could include fairer ranking of search results; creating a simpler process for switching to rival search engines; and granting more control to publishers over AI-generated content.

Q3: Does this mean that Google broke UK law?
No. The CMA has clarified this is not a finding of any wrongdoing; rather, it is a way to protect competition in the digital economy.

Q4: How might this bear upon other tech companies?
The ruling sets a precedent for regulating other tech giants such as Amazon, Apple, and Meta, especially in the fields of AI, mobile operating systems, and advertising markets.

Q5: What has been Google’s position on the ruling?
Google said stricter overseeing might hamper innovation and harm product development in the UK. The company continues its engagement with the regulator.

Q6: How does this fit with global inquiries?
Google has also faced antitrust investigations in the U.S. and EU into its ad-tech business. This UK ruling further adds pressure to Google's global regulatory outlook.

-----------------------------------------------------------

Categories:- Cybersecurity, Software & SaaS, Startups & Business Tech

Latesttechnewshub

LatesttechnewshubAuthor

Advertising

Major U.S. Retailers Remove Millions of Listings for Banned Chinese Electronics

Updated 4 days ago 3 minutes of read Views: 110

Major U.S. Retailers Remove Millions of Listings for Banned Chinese Electronics Major U.S. Retailers Remove Millions of Listings for Banned Chinese Electronics | Picture uploaded on Latesttechnewshub

WASHINGTON (Oct 10) — Millions of listings for illegal Chinese electronics have been pulled down by major online retailers in the United States after the Federal Communications Commission (FCC) initiated action for the safety of national security.

Brendan Carr, the FCC chair, confirmed that several platforms have indeed removed unapproved devices, including home security cameras and smartwatches from manufacturers like Huawei, ZTE, Hikvision, and Dahua Technology. The sweep targets products that either sit on the U.S. government’s restricted equipment list or that have never been formally authorized by the FCC.

“We’re going to keep our efforts up,” Carr said, indicating that retailers are setting up internal review systems so these products do not end up back on their websites.

Choking Down One National Security Threat After Another

The FCC recently issued a national security advisory to companies banning specific products, especially surveillance systems that may threaten issues concerned with data and privacy. Carr warned that the same equipment could allow foreign nations access to monitoring of Americans, disruption of communications networks, or the ability to damage critical infrastructure.

In the last couple of years, scrutiny against Chinese tech firms has been stepped up by governmental agencies in the U.S. touching on industries such as telecoms, semiconductors, and automotive electronics, with this current move being another attempt from Washington to barricade unauthorized Chinese tech from accessing the U.S. market.

Tighter Restrictions on Chinese Telecom Equipment

Earlier this week, the FCC proposed new rules to be adopted later this month to further restrain telecommunication hardware made by Chinese firms considered threats to national security.

The proposal due on October 28 will empower the FCC to revoke approval for previously approved devices that contain restricted components and also denies new authorizations for equipment linked to companies included in the “Covered List”.

The Covered List includes Huawei, ZTE, China Mobile, and China Telecom, all of which are already prohibited from selling new telecommunication equipment in the U.S. due to potential national security risks.

Investigations and Actions Continues

In March 2025, the FCC broadened investigations against nine Chinese companies under the Covered List. Those companies include Hytera Communications, Dahua Technology, China Unicom (Americas), and Pacifica Networks/ComNet.

The agency also initiated action to withdraw accreditation from seven testing laboratories owned or operated by the Chinese government last month, with the same concern for U.S. data exposure and oversight.

Meanwhile, Chinese authorities have yet to respond to the latest FCC enforcement actions.

Why It Matters

The most recent actions by the U.S. government illustrate rising geopolitical tensions between Washington and Beijing, especially regarding emerging technology and surveillance systems.

With more stringent regulation, officials hope to protect data privacy, sustain foreign influence, and strengthen domestic cybersecurity resilience, a priority as it is and may increasingly be, underpinned by digital infrastructure and connected devices.

❓ FAQs

Q1: Why did the FCC press the retailers of the U.S. to take off Chinese electronics?
The FCC has stepped up national security as its reason for finding some imported devices from Chinese manufacturers to be unauthorized or listed by the government as restricted.

Q2: Which firms products were banned?
The banned listings included those made by products from Huawei, ZTE, Hikvision, and Dahua Technology, among others that have connections with data and security risks.

Q3: What kinds of products were taken off the shelves?
Connected electronics primarily sold off by online retailers included home security cameras, smartwatches, and others that do not have FCC authorization.

Q4: What is FCC's Covered List?
It is a list of companies who are barred from marketing their telecom or tech equipment in the U.S. because it poses potential dangers in communication networks and privacy.

Q5: When will the new limitations go into effect?
The FCC will vote on October 28 regarding expansion of the rules regarding bans on devices containing previously allowed restricted components.

Q6: What is the impacts of this issue on US-China technology relations?
However, this sends a statement on the growing technology tensions brewing between Washington and Beijing as Washington's oversight on telecom, AI, and robotics becomes harsher due to related security concerns.

-----------------------------------------------------------

Categories:- Cybersecurity, Gadgets & Reviews, Startups & Business Tech

Latesttechnewshub

LatesttechnewshubAuthor

Advertising