Shenzhen-based EngineAI is leveraging Hong Kong as a springboard for global expansion, planning a local listing this year while using its computing power to enter the North American market. The company's robots have been bought by Mideast firms and require cloud-based computing accessible from anywhere.
EngineAI, a Shenzhen-based tech firm, has sold its robots to Mideast companies. Robert Chan Kwok-cheung, the company's global strategy officer, said on Wednesday that its presence in Hong Kong is a strategic move to bypass technical and geopolitical hurdles.
EngineAI, one of Shenzhen’s “eight great guardians of embodied intelligence”, will join 3,700 exhibitors from 28 countries and regions at InnoEX and the Hong Kong Electronics Fair, running concurrently from April 13 to 16. The fairs are organised by the Trade Development Council.
Chan said the humanoid robots can run and perform controlled front flips, with a wide range of functions at two price points. A standard unit for performance or display costs 88,000 yuan (US$12,745), while a fully open-source version with navigation and scanning costs 188,000 yuan.
The firm plans to list in Hong Kong this year, using the city's computing power to aid entry into the North American market.