By Anton Bridge and Kane Wu Nov 5 (Reuters) - China's state planner has told Japanese investor SoftBank it will not allow its ...
Chinese authorities stopped the sale of ABB Robotics, owned by a Swiss conglomerate, to SoftBank of Japan amid wider scrutiny ...
IntroductionOn November 5, 2026, the Financial Times (FT) reported that China's National Development and Reform Commission ...
Chinese authorities blocked the deal over concerns about robotics data being transferred overseas and used to train AI models ...
Beijing's alleged fear of Chinese robot data feeding Western AI has put a multibillion-dollar SoftBank deal in jeopardy. Arm ...
ABB said China has prohibited SoftBank Group's proposed acquisition of its Robotics division, adding uncertainty to the ...
Beijing has blocked SoftBank's US$5.37bn purchase of ABB's robotics division, the multinational has confirmed in a statement ...
ABB said on November 5, 2026 that SoftBank had informed it of a Chinese prohibition on the acquisition of the ABB Robotics ...
ABB confirmed that Chinese authorities rejected the acquisition of its Chinese robotics business, months after the ...
Nov 5 (Reuters) - China has told Japanese investor SoftBank it will not allow the $5.4 billion acquisition of the robotics ...
ABB set up a joint venture with a Chinese partner in 1992 and its China operations, particularly its robotics business, have ...
China has blocked SoftBank Group Corp.’s deal to acquire ABB Ltd.’s robots unit, the Financial Times reported, citing unidentified people.
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