Financial Times · David Keohane ·
China has told SoftBank it will not allow the $5.4B acquisition of ABB's robotics division to go ahead; China is the division's biggest market
Swiss-Swedish company's unit is focused on Chinese market and has mega-factory in Pudong
Lead Source
How this story grew
Coverage · 0
Discussion · 0
Nov 5Nov 6
More
Wall Street Journal: Wall Street Journal
Silicon Republic: Silicon Republic
Reuters: Reuters
Nikkei Asia: Nikkei Asia
New York Times: New York Times
The Information: The Information
The Straits Times: The Straits Times
Discussion
Related stories
Financial Times: Oracle has scrapped a ~$7B, five-year deal to lease ~100K advanced AI chips to Tencent after yielding to pressure from the Trump administration
The Information: SoftBank is in talks to buy a majority stake in humanoid robot maker 1X at a $6B valuation; 1X sought $1B at a $10B valuation in 2025, but raised <50%