China's Humanoid Robot Race, Part 2: Upstream Profits Gather Around Dexterous Hands

Humanoid robot makers are cutting prices and ramping up output, but the industry remains unprofitable. Profits are concentrating among component suppliers, especially makers of dexterous robotic hands.

• Robot makers cut prices and scale output but remain unprofitable
• Main profit forms among component suppliers
• Greatest potential is in dexterous robotic hand makers