Chinese regulators block SoftBank's $5.4B acquisition of ABB Robotics
China's foreign investment security review office prohibited SoftBank's $5.375 billion acquisition of ABB Robotics, citing concerns that robot data would be transferred overseas and used to train AI models. ABB Robotics' orders from China were $928,000 in fiscal 2025, up from $662,000 in 2024, and its China business grew 32% in the third quarter of 2026; about 90% of the robots its Shanghai factory produces for local customers are made locally. ABB said it remains in close communication with SoftBank and is continuing to advance the deal.
Why it matters: Chinese regulators rejected the deal on grounds of data export and AI model training, showing readers the national security review threshold that robotics M&A faces.