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China Blocks SoftBank's $5.4 Billion Takeover of ABB Robotics

This story is from 2026-11-05. It is preserved in the archive; the latest stories are on the live feed.

Chinese authorities have blocked SoftBank's $5.4 billion acquisition of ABB Robotics, a Swiss-owned robotics unit, amid broader scrutiny of foreign deals affecting Beijing's technology ambitions.

Read the full story at New York Times AI ↗

Timeline · 1 report

  1. 2026-11-05 11:23 · New York Times AI
    China Blocks SoftBank’s $5.4 Billion Robotics Takeover, Impeding Foreign Deals

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