SKF Eyes Role in Humanoid Robotics Business with Leaderdrive Joint Venture

SKF is entering the expanding Chinese robotics market through a new joint venture with Leaderdrive (LD), focusing on high-precision transmission components for robot joints. SKF will hold a 60% majority stake in the venture, which aims to develop components for humanoid robots powered by Embodied AI technology in industrial settings, with operations expected to begin by the end of 2026.