Robotics and Humanoids Advance Toward Commercial Scale - September 2026 Tests the Supply Chain

Highlights

• China accounted for 59% of global industrial robot installations in 2025, totaling roughly 354,000 units, per the International Federation of Robotics 2026 report.
• Unitree Robotics shares fell 55% from peak as Chinese regulators informally slowed humanoid IPOs and scrutinized government-backed revenue quality.
• Figure and Nscale committed $3.5 billion for up to 100,000 NVIDIA GPUs to support future humanoid training infrastructure, with deployment targeted for late 2027.
• China supplied 91% of refined magnet rare earths and 94% of sintered permanent magnets in 2024, giving it a structural advantage in robot motor components.
• REEx's investor test focuses on cost per productive autonomous hour and shipped robots multiplied by verified magnet content, not announced factory capacity.