HWH International Inc. and Sharing Services Global Corporation see opportunity in Robotics

Core Insights - HWH International Inc. and Sharing Services Global Corporation are collaborating in the robotics field, with HWH highlighting SHRG's membership in the Association for Advancing Automation (A3) and participation in the A3 Business Forum in January 2025 [6][13] - The demand for automation is increasing, with non-automotive industries accounting for 56% of robot orders, while automotive customers contributed 44% [2] - A3 Market Intelligence reported an 8.8% increase in robot sales in North America in Q3 2024, with 7,329 robots sold valued at $475 million, and a 14.1% increase in units ordered [7][14] Company Overview - HWH International Inc. is focused on providing a Robot-as-a-Service (RaaS) model, allowing businesses to access advanced robotic solutions without significant upfront costs [2][14] - The RaaS model features flexibility, comprehensive support, and customization to meet the specific needs of various industries [8] - HWH operates under a purpose-driven lifestyle approach, offering services across four core pillars: Hapi Marketplace, Hapi Cafe, Hapi Travel, and Hapi Wealth Builder [14] Industry Trends - Labor shortages and the need for efficiency are driving businesses to adopt automation as a key strategy for competitiveness [14] - The automotive sector is experiencing mixed results, with Automotive Component orders increasing by 61%, while Automotive OEM orders decreased by 15% [2] - The integration of robots into everyday life is expected to create growth opportunities for businesses engaging with the robotics industry [13]