Reuters first to report SoftBank shrinks robotics business

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Last Updated on July 9, 2021 by admin


Reuters was first to report that SoftBank Group Corp is slashing jobs at its global robotics business and has stopped producing its humanoid robot Pepper as the conglomerate downgrades its industry ambitions. The pullback reflects the fading of Chief Executive Masayoshi Son’s plan to make SoftBank the leader in the robotics industry, producing human-like machines that could serve customers and babysit kids. 


Article Tags

Topics of Interest: Technology

Type: Reuters Best

Sectors: Technology

Regions: Asia

Countries: Japan

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Major Global Story

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