Honor, a Shenzhen-based smartphone maker spun out from Huawei, has entered the robotics sector as part of a broader $10 billion artificial intelligence investment plan announced earlier this year by CEO James Li Jian. The initiative, called the "Honor Alpha plan," includes the development of humanoid robots, with the company's robotics team showcasing a humanoid robot capable of running at speeds up to 4 meters per second during the Honor 400 series launch. This move positions Honor in China's competitive robotics market, which also features other players such as UBTech, known for its $20,000 humanoid robot, and Rivr, which has introduced a delivery robot dog in the U.S. Additionally, Chinese robotics firm Agibot has attracted Tencent as an investor, highlighting ongoing investor interest in the sector. Honor is also preparing for an initial public offering, according to its CFO. Meanwhile, automation solutions such as FANUC's CRX collaborative robots (cobots) continue to gain traction for their ease of deployment and versatile applications across industries.