China blocks SoftBank's $5.4bn acquisition of ABB's robotics unit
pstAsiatech · x · 2026-11-05
China has told SoftBank it will not allow the $5.4 billion acquisition of ABB's robotics division to proceed, in a shock move that threatens to throw Masayoshi Son's physical AI ambitions into disarray.
- Deal size: $5.4bn
- Parties: SoftBank (Masayoshi Son), ABB robotics division
- Blocker: Chinese regulators
- Impact: a major setback for SoftBank's robotics/embodied AI strategy
Related event: China Blocks SoftBank's $5.4 Billion Acquisition of ABB Robotics(2 posts)→
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