Apple supplier BOE launches $28M robotics unit amid China’s market dominance

Chinese display manufacturer BOE Technology Group has launched Beijing BOE Robot, a new subsidiary focused on developing industrial robots and AI software, with registered capital of 200 million yuan ($28 million). The move positions the Apple supplier to capitalize on China’s dominance in industrial robotics, where the country deployed 295,000 robots in 2024—accounting for 54% of global installations.

What you should know: BOE, the world’s largest display maker, established the robotics subsidiary on Thursday as part of a broader trend among major manufacturers pursuing automation technologies.
• The new company will focus specifically on industrial robots and artificial intelligence software development.
• BOE’s stock gained 0.49% to close at 4.12 yuan on Monday following the announcement.

The big picture: China has emerged as the world’s dominant market for industrial robotics, creating significant opportunities for domestic companies entering the sector.
• According to the International Federation of Robotics, China installed 295,000 industrial robots in 2024—the highest annual total on record.
• For the first time, domestic Chinese firms sold more industrial robots in their home country than foreign suppliers.
• The country now represents 54% of global industrial robot deployments.

Why this matters: BOE’s expansion into robotics reflects the strategic importance of automation technologies as China seeks to maintain its manufacturing leadership while transitioning to higher-value production capabilities.