Are Robotics Companies Starting to Go Bankrupt in Bulk? Over 20 Firms Fail Consecutively

A wave of bankruptcies is sweeping the robotics industry, with over 20 companies failing recently. High-profile firms like Wujin Future Power, Galaxy Robotics, and Deep Blue Robotics have collapsed due to lost control persons, unpaid salaries, and asset auctions. The analysis highlights that many robots are merely canned demonstrations rather than true AI capable of handling unforeseen situations. While global sales reached 36,000 units in the first half of the year, only 1,200 were used for actual production, representing just 3.3%. Companies failed due to over-expansion, unsustainable business models involving circular transactions with local governments, and an inability to secure real commercial orders. The industry is shifting from storytelling to focusing on profitability and stable deployment.