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ABB Reportedly Exploring $3.5 Billion Sale of Robotics Business

  • ABB is reportedly considering a deal for its robotics unit with a possible sale or spinoff.
  • The company plans to focus on more profitable areas like electrification, aiming to spin off the robotics unit next year.
  • The robotics unit accounts for two-thirds of ABB's robotics and discrete automation division.
  • The robotics industry is advancing, with challenges in implementing humanoid robots in household settings due to dynamic environments.

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