Urgent.News

What's breaking now, across thousands of outlets.

Business

Hony Media Establishes AIROBO Joint Venture to Expand Robotics Platform Operations

Hony Media Group established joint venture AIROBO HK to expand its corporate operations into robotics platforms and accelerate the integration of artificial intelligence application scenarios across target markets

Hony Media Group, a company specializing in digital operations within the healthcare industry, has ventured into the robotics platform operation business by establishing AIROBO (HK) LIMITED in Hong Kong, alongside AIROBO PTE. LTD. The joint venture holds a 70% stake, with Hony Media Group owning the remaining 30%. To further expand its presence in Mainland China, the Group has also created a wholly-owned subsidiary, AIROBO (Chengdu) Technology Co., Ltd., in the Sichuan Pilot Free Trade Zone.

This strategic move signifies the Group's intent to leverage its AI and digitized operational expertise, which has been honed in healthcare, and apply it to robotics platforms, a sector poised for growth due to advancements in AI, IoT, and automation technologies. The Board of Directors at Hony Media Group anticipates that this collaboration will inject fresh momentum into the company's growth trajectory, diversify its revenue streams, and generate long-term value for shareholders.

Written by urgent.news from Vietnam Investment Review's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at vir.com.vn →

More in Business

More from Thursday 13 August →