China's smartphone supply chain pivots to humanoid robots as Lingyi iTech targets 500,000 units by 2030
SMRTR summary
China's smartphone supply chain is rapidly shifting toward humanoid robot manufacturing, led by companies like Lingyi iTech, Lens Technology, and AAC Technologies, which are repurposing existing precision factories and engineering expertise. Lingyi iTech targets 500,000 robots annually by 2030, while Morgan Stanley doubled its 2026 forecast to 28,000 units, projecting material costs to fall 16%. China's mature supply chain gives it a decisive manufacturing edge over Western competitors.
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