Taiwan Humanoid Robot Supply Chain_ Exploring supply chain opportunities_ prefer BizLink, Sinbon over HiWin. Thu Feb 20 2025
2025-02-23 14:59
J P M O R G A N Asia Pacific Equity Research 20 February 2025 Taiwan Humanoid Robot Supply Chain Exploring supply chain opportunities: prefer BizLink, Sinbon over HiWin Our analysis indicates the Taiwan humanoid robot supply chain is positioned to manufacture components, primarily cable (BizLink, Sinbon), and reducer (HiWin). For current projects, BizLink and Sinbon are developing cable for US clients and Sinbon is set to begin small-volume production in 2025, with further ramp up expected in 2026. However, ...