2025-09-28 14:57Summary of the Conference Call on the Humanoid Robot Industry Involvement by EMS Manufacturers Industry Overview - The conference call discusses the involvement of EMS (Electronics Manufacturing Services) manufacturers in the humanoid robot industry, highlighting their advantages and challenges in this emerging market [1][2][3]. Key Points and Arguments Advantages of EMS Manufacturers 1. Established Client Relationships: EMS manufacturers like Luxshare Precision, Changying Precision, and Lens Technology have long-standing partnerships with major tech companies such as Apple and Foxconn, facilitating their entry into the humanoid robot market. Additionally, internet giants like Meta and ByteDance are seeking hardware manufacturing partners, providing new business opportunities for EMS firms [3][4]. 2. Rapid Iteration Capability: EMS manufacturers have accumulated significant experience in rapid product iteration within the 3C (computer, communication, consumer electronics) sector. This capability is crucial for the initial development of humanoid robots, which require frequent updates and refinements [3][4]. 3. Mass Production Experience: EMS firms possess mature mass production capabilities, ensuring a smooth transition from R&D to large-scale commercialization of humanoid robots. This expertise is rare in the manufacturing industry and is vital for future commercialization [1][4]. Market Potential 1. New Growth Curve: The humanoid robot market presents a significant growth opportunity for 3C component suppliers, with potential sales volumes comparable to smartphones but with unit prices approaching those of automobiles. This shift offers suppliers new business avenues [1][5]. 2. Technological Overlap: Core components of humanoid robots, such as sensors and motor reducers, share technological similarities with 3C products. Innovations in materials and structures from the consumer electronics sector can be applied to humanoid robot development, driving technological advancement [5][6]. Challenges Faced by EMS Manufacturers 1. Technical Barriers: Although there is some technological overlap between 3C products and humanoid robots, the latter involves more complex technologies, such as high-precision sensors and motor reducers. EMS manufacturers need to enhance their technical capabilities to meet these requirements [4][6]. 2. Supply Chain Integration: The humanoid robot industry has a complex supply chain that requires the integration of various components and modules. Effectively managing and optimizing this supply chain poses a significant challenge for EMS manufacturers [4][6]. Industry Trends and Developments - The production model for humanoid robots is expected to resemble that of current 3C products, focusing on modular components and specialized divisions of labor. This model will enable established 3C component suppliers to adapt and integrate into the new market effectively [6][7]. Company-Specific Developments 1. Changying Precision: The company has a single-unit supply value of approximately 40,000 RMB, with a net profit contribution rate exceeding 20%. By the end of August 2025, it is expected to achieve cumulative delivery value exceeding 80 million RMB, with an annual delivery target of 100 million RMB [2][7]. 2. Luxshare Precision: The company is investing 5 billion RMB to establish a robotics headquarters in Changshu, with projected annual output value reaching hundreds of billions. Luxshare is currently focused on industrial automation and collaborative robots, with plans to enter the humanoid robot sector [8]. 3. Lens Technology: Initially focused on glass and metal components, the company is now actively developing humanoid robot components, including head modules and joint modules, and has begun bulk deliveries to several clients since 2024 [8]. 4. Liying Manufacturing: The company is focusing on structural components and key modules, continuing its legacy in 3C products while also supplying components to North American AI firms [8]. Conclusion - The humanoid robot industry presents a promising opportunity for traditional 3C EMS manufacturers, encouraging them to upgrade their technologies and innovate to meet the demands of this emerging market. Companies like Changying Precision, Luxshare Precision, Lens Technology, and Liying Manufacturing are at the forefront of this transition, warranting ongoing attention for their future developments [6][8].