$10 billion bet: Honor joins China’s humanoid robot race to rival tech giants

Honor, a Chinese smartphone maker, is investing $10 billion over five years to become an AI-powered ecosystem company, including entering the robotics race. They've helped train a Unitree robot to run at a record-breaking 4 meters per second using their AI algorithms. This expansion beyond smartphones aligns with industry trends as the global smartphone market matures and positions Honor to compete in the growing advanced robotics market, estimated to reach $280 billion by 2034.