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ABB industrial robots on a factory floor (file image)

Photo: ABB industrial robots on a factory floor (file image)

China

China blocks SoftBank's $5.4 billion takeover of ABB's robotics arm in national security review

ABB said on Thursday that Chinese regulators had blocked the $5.4 billion sale of its robotics division to SoftBank, in a decision that sent the Japanese group's shares down almost 7% and showed Beijing's growing willingness to veto foreign deals involving key technology.

🇨🇳 China · 5 Nov 2026, 7:23 pm