-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueSolder Printing
In this issue, we turn a discerning eye to solder paste printing. As apertures shrink, and the requirement for multiple thicknesses of paste on the same board becomes more commonplace, consistently and accurately applying paste becomes ever more challenging.
A Culture of Thriving
One cannot simply command thriving; it must be nurtured, developed, and encouraged. In this issue, we explore strategies to improve your working relationship model—both internally and externally. In this culture of thriving, your business will grow in the process.
Certifications
Certifications have historically been seen as a cost of doing business, but how do we turn them into a positive ROI and a value to both customer and vendor?
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
Foxconn, Alibaba and SoftBank to Drive Global Adoption of Robotics
June 18, 2015 | SoftBank Corp.Estimated reading time: 1 minute
Foxconn Technology Group and Alibaba Group Holding Ltd will each invest JPY14.5 billion in SoftBank Robotics Holdings Corp., SoftBank Group's intermediate holding company responsible for its robotics business.
SoftBank, Alibaba and Foxconn will build a structure to bring Pepper and other robotics businesses to global markets, and cooperate with the aim of spreading and developing the robotics industry on a worldwide scale.
Under the agreement, upon the completion of the investment by Alibaba and Foxconn, SoftBank's SBRH share ownership ratio will become 60%, and Alibaba and Foxconn will each hold ownership stakes of 20%.
"Since foundation, we have followed our corporate philosophy of 'Information Revolution — Happiness for everyone.' I am very excited that we will partner with Alibaba and Foxconn, and challenge to go global with our robotics business, including Pepper, as a first step to realize our vision. To bring more smiles to people around the world, we will aim to be the No.1 robotics company," said Masayoshi Son, Chairman & CEO of SoftBank.
Jack Ma, Alibaba Group founder and executive chairman, said, “As we enter the data technology era, robotics will become a critical field that catalyzes technological breakthroughs in numerous sectors such as healthcare, public services, research and at home. Our partnership with SoftBank and Foxconn combines the best hardware and software talent in the industry to pave the way for robotics research and development. We are delighted to play an active role in the emerging field of robotics, that with cutting-edge technology and transformative products and services, can positively impact millions of lives.”
"Foxconn is pleased to be partnering with SoftBank and Alibaba as part of our effort to drive the advancement of robotics engineering. This is a strategic area of focus for our company as we continue to advance our capabilities in intelligent manufacturing and realize our Industry 4.0 vision," Terry Gou, founder and CEO of Foxconn, commented. "As a leading global technology company, Foxconn is committed to investing in innovation that enables us to deliver cutting-edge solutions to our customers and that supports our goal of leveraging technology to bring greater convenience to the lives of consumers around the world."
Suggested Items
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
09/27/2024 | Nolan Johnson, I-Connect007If you know Dave Hoover of TTM, then I am honored to inform you that he has retired from the industry as of this week. But we can keep tabs on him through his weekly online blues radio program “Groovy Hoovy’s Different Shades of Blue Radio and Video Show.” Congratulations on your transition to “civilian” life, Dave.
Nano Dimension to Acquire Markforged, Leading AM Player
09/26/2024 | Nano DimensionNano Dimension Ltd. and Markforged Holding Corporation jointly announced that they have entered into a definitive agreement pursuant to which Nano Dimension will acquire all outstanding shares of Markforged in an all-cash transaction for $5.00 per share.
Eaton, SIAEC Announce Key Milestones for Joint Venture
09/25/2024 | BUSINESS WIREIntelligent power management company Eaton and SIA Engineering Company Limited (SIAEC) unveiled the logo for their joint venture, Eaton Aerospace Component Services Asia Sdn. Bhd. (EAS), at MRO Asia-Pacific.
World Robotics 2024: Asia’s Boom Fuels 4 Million Robots in Global Factories
09/24/2024 | IFRThe new World Robotics report recorded 4,281,585 units operating in factories worldwide - an increase of 10%. Annual installations exceeded half a million units for the third consecutive year. By region, 70% of all newly deployed robots 2023 were installed in Asia, 17% in Europe and 10% in the Americas.
ROCKA Solutions to Make Its First SMTA International Debut with Innovative Exhibit Style
09/24/2024 | ROCKA SolutionsROCKA Solutions is excited to announce its first-time participating in SMTA International 2024, taking place at the Donald E. Stephens Convention Center. Visit ROCKA Solutions at Booth 2947, where they will introduce a fresh exhibit style to the USA tradeshows.