On Monday, Morgan Stanley analysts adjusted their stance on Shenzhen Inovance Tech (300124:CH), raising the stock rating from Equalweight to Overweight and increasing the price target to RMB77.00 ...

This adjustment reflects Inovance’s continued market share gains in the automation sector and the potential growth in the humanoid robot market following the company’s confirmation of its strategy in ...

Inovance has set up a factory in Hungary, which helps it strengthen its relationships with global elevator brands. Similar strategies are employed in the automation, industrial robot, and new ...

Management said humanoid robots are unlikely to bring significant revenue in the next three years, owing to technical issues and costs. We believe technical issues are fixable, and Inovance's ...

With clients like BYD and Ecovacs, the Shenzhen-based firm says its purpose-built tightening robots can outperform generic ...

and humanoid robots (by actuator maker Sanhua Intelligent Controls), joined by domestic leaders going global in construction and mining machinery (Sany Heavy), industrial automation equipment ...

40 of the 54 listed companies, accounting for over 70 percent, recorded profits in the humanoid robot industry. Inovance Technology Co Ltd, the leading company in domestic industrial automatic control ...

Amazon has developed a new warehouse robot that uses touch to rummage around shelves to find the right product to ship to customers. The robot, called Vulcan, is a meaningful step toward making ...

Robots are machines that can automatically perform both simple and complex actions. They are often programmed by a computer, but there's no single definition of a robot. Robots include a wide ...