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Tiejin Electromechanical's 2.5 billion yuan humanoid robot components project breaks ground; Orbbec secures 10,000-unit purchase order from Daxiao Robotics | Market Watch

Tiejin Electromechanical broke ground on October 23 in Wujiang District, Suzhou, on a project for humanoid robot core components and micro precision bearings, with planned total investment of 2.5 billion yuan; once completed, it plans annual output of 1 billion sets of micro precision bearings and 1 million sets of humanoid robot core components. Orbbec signed a 10,000-unit strategic procurement agreement with Daxiao Robotics on October 29, under which it will supply depth cameras, RGB cameras, and bodyless data collection hardware, along with software adaptation and large-scale manufacturing and delivery services.

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