Search results for Wood Mackenzie
Industry
Unitree IPO frenzy leaves question of when robots will do housework
China’s humanoid robot maker Unitree has pulled off a record-breaking IPO, but attention is shifting from flashy demonstrations to whether its robots can earn money in factories and homes. The company raised about $900 million and was valued at about 61 billion yuan, with heavy subscription demand. Analysts and filings point to limits in dexterity, durability and battery life, while high valuation and U.S. regulatory risks loom.
Industry
Middle East war wipes out 500 million barrels of oil in seven weeks; supply chain recovery may take months to years
More than 500 million barrels have been removed from global oil supply in about seven weeks due to the impact of the Trump-Iran war, causing losses worth more than $50 billion in crude value. The shock, which began in late February and continues, is disrupting prices, storage and trade flows. Attention remains on the Strait of Hormuz, where traffic has partly resumed, though markets still watch for a possible renewed closure.
Industry
Without Korean-made transformers, AI would stall; U.S. big tech seeks help from South Korea\'s power equipment makers
Global big tech companies are pouring vast sums into building data centres to meet surging AI demand, but severe shortages of key power-infrastructure equipment such as transformers and batteries are putting about half of overall construction plans at risk of delay or cancellation. Reports cited in foreign media say delivery times for high-power transformers have stretched to as long as five years. With U.S. manufacturing capacity strained, companies are looking to global suppliers including South Korea.
