SoftBank’s robotics ambitions short circuit as Pepper loses power By Reuters – Investing.com

  • Date: 21-Jul-2021
  • Source: Investing.com
  • Sector:Economy
  • Country:Middle East
  • Who else needs to know?

SoftBank’s robotics ambitions short circuit as Pepper loses power By Reuters – Investing.com

By Sam Nussey

TOKYO (Reuters) - When SoftBank Group Corp's CEO Masayoshi Son unveiled the wide-eyed android Pepper in 2014, he painted a vision, once confined to science fiction, of a new era of personal robots in which his company would be the industry leader.

That vision, and the company's expectations of demand for Pepper, proved overly optimistic, two sources familiar with the matter said. Seven years later, Pepper is clinging to life, with production shuttered and units cobbled together with out-of-date components.