Foxconn forms robotics JV with IAT for humanoids and smart factories

Foxconn has partnered with Chinese engineering services provider IAT Automotive Technology to establish Beijing Futekang Intelligent Robot Technology. The joint venture extends Foxconn's push into embodied intelligence and robotics, linking motors, humanoid robots and smart factories into a vertically integrated strategy.

• Foxconn and IAT Automotive set up JV Beijing Futekang Intelligent Robot Technology
• The venture covers motors, humanoid robots and smart factories
• Goal is a vertically integrated embodied intelligence strategy