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In response to the progress of SoftBank Group's transaction to acquire ABB Robotics, Han Chen, president of ABB Robotics China, said during the industrial fair held on October 12, “Based on feedback from all aspects, the overall progress is improving, and all processes are progressing normally.” The two sides announced last year that the deal is expected to be completed in mid to late 2026, and now that the schedule has mostly passed. Han Chen said, “The project is still within the pre-set time window.” Han Chen stressed that the deal with SoftBank will not affect ABB Robotics' strategy in China. “As the largest robot market in the world, China is home to the vast majority of robot manufacturers and system integration suppliers. Regardless of shareholding, our promises to the Chinese market will not waver, and the degree of localization will be further deepened.”
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In response to the progress of SoftBank Group's transaction to acquire ABB Robotics, Han Chen, president of ABB Robotics China, said during the industrial fair held on October 12, “Based on feedback from all aspects, the overall progress is improving, and all processes are progressing normally.” The two sides announced last year that the deal is expected to be completed in mid to late 2026, and now that the schedule has mostly passed. Han Chen said, “The project is still within the pre-set time window.” Han Chen stressed that the deal with SoftBank will not affect ABB Robotics' strategy in China. “As the largest robot market in the world, China is home to the vast majority of robot manufacturers and system integration suppliers. Regardless of shareholding, our promises to the Chinese market will not waver, and the degree of localization will be further deepened.”
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