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Hon Hai invests in robots with eye on Ghost model

Taiwan shares end lower on U S losses amid fears over Fed action

SoftBank Boosts its Ambitions in the Robotics Industry, Backs Telexistence with $170M Investment - SoftBank Group (OTC:SFTBF), SoftBank Group (OTC:SFTBY)

Softbank Group Corp (OTC: SFTBY) (OTC: SFTBF) joined a $170 million funding round for a robot maker after founder Masayoshi Son voiced his plans to return to the offensive.

SoftBank Backs Robot Startup as Masayoshi Son Goes on Offense

SoftBank Backs Robot Startup as Masayoshi Son Goes on Offense
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SoftBank Boosts its Ambitions in the Robotics Industry, Backs Telexistence with $170M Investment

Softbank Group Corp (OTC: SFTBY) (OTC: SFTBF) joined a $170 million funding round for a robot maker after founder Masayoshi Son voiced his plans to return to the offensive. Tokyo's Telexistence Inc said it raised a Series B round backed by SoftBank, a fund set up by Hon Hai Precision Industry Co Ltd (OTC: HNHPF) Foxconn and CTBC Financial Holding Co, Globis Capital Partners, and earlier investors. Also Read: Softbank-Backed Arm Eyes Commercial Blockbuster Products Ahead Of IPO, Shelves Flagship

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