Major Bank Ratings | JPMorgan: The global humanoid robot race is accelerating, companies like UBTECH may capture the next wave of industry growth

```htmlGolden Ten Data April 28｜JPMorgan released a research report stating that over the past month, the humanoid robot industry has reached a critical turning point, shifting from proof of concept to large-scale deployment. The bank believes that the market is now channeling funds towards profitable, scalable platforms, as well as high-quality component and “brain” (AI/software) suppliers. JPMorgan is optimistic that companies like Greend Harmonic, Sanhua Intelligent Controls, Minth Group, Hengli Hydraulic, UBTECH Robotics and Hyundai Motor will be able to capture the next wave of industry growth.Regarding the competitive landscape, JPMorgan stated that Tesla is making every effort to catch up with faster-paced Chinese competitors and Boston Dynamics. Its long-term vision is to become a physical AI and robotics company. The bank also highlights Hyundai Motor’s Boston Dynamics for leveraging its advantages in motion control and industrial integration, focusing on high-value, mission-critical applications. Hyundai Motor is regarded by JPMorgan as one of the enterprises likely to capture the next wave of growth, and its significant investments in robotics and AI infrastructure will be a key factor to watch for changes in future competition dynamics.```