• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Saturday, August 15, 2026
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Softbank revised its robotics approach, stops Pepper robot production

by Balraj
June 28, 2021 - Updated On June 29, 2021
in Business, News, Robotics
Reading Time: 2 mins read
0
softbank robotics logo
TwitterWhatsappLinkedin

According to sources, Pepper, SoftBank’s anthropomorphized Robo-humanoid, has stopped production and is unlikely to return. Pepper, first unveiled in 2014, was described as “emotion-sensing” thanks to expression and voice analysis, a technology SoftBank thought would make the robot more welcome in shopping environments.

You might also like

Ovantica Unveils Festive Season Offers on Certified Refurbished iPhones, Making Premium Apple Devices More Affordable

OpenAI Faces Second Senior Exit Ahead Of IPO As Revenue Chief Denise Dresser Leaves

Navi Ltd. Prepares for IPO, Targets Up to $314 Mn Fundraise

Softbank actually discontinued pepper production in 2020, according to Reuters. Reuters quotes anonymous sources who claim that since its introduction in 2014, around 27,000 pepper robots have been manufactured. Restarting production, according to two sources, would be expensive. Softbank, obviously, has no intention of restarting production. Since its inception, Pepper has been a money-losing venture.

Softbank Robotics Europe, which was previously known as Aldebaran Robotics before being bought by Softbank for $100 million in 2012, lost $38 million in fiscal 2019-2020 and more than $119 million in the past three years. Pepper, which costs $30,000 in the United States, was repeatedly criticized for its price and capability.

Pepper looked like a cross between an animated and a sales statue, who stood around 4 feet tall and had a waspish waist and luminous eyes, with traces of Aibo. The robot could talk, gesture, and provide directions and advice and had a touchscreen hung around its neck for interaction.

SoftBank Pepper Robot
SoftBank’s Pepper Robot

Pepper had problems that the glossy plastic box didn’t initially surface. According to inside sources, the robot’s sales were marginally affected by limited functionality paired with instability. Furthermore, the French company accountable for the robot’s development and the Japanese executives of SoftBank have reportedly had issues finding common ground.

Softbank has revised its robotics approach in several ways, the most notable of which was the sale of 80 percent of its ownership position in Boston Dynamics to Hyundai for $880 million. In addition, Masayoshi Son also spent $2.8 billion for a 40% ownership in AutoStore, a leading developer of AS/RS (automated storage and retrieval systems). As a result, Softbank has partnered with a major player in the logistics industry, flourishing in terms of automation. Moreover, AutoStore has a global customer base with 600 systems and 20,000 robots throughout 35 countries.

Softbank Robotics Europe also stated a social plan project with a 40% workforce reduction in Paris. Softbank as an entire company will not focus much on robots from Nao and Pepper robots in the future. But they didn’t confirm how little focus would be given.

SoftBank, on the other hand, argues that its robo-aspirations are not totally over. A spokeswoman stated in a statement that the company “will continue to make significant investments in next-generation robots to serve our customers and partners.”

Tags: PepperPepper robotReutersSoftbank
Tweet55SendShare15
Previous Post

Reports Suggest NCAA Football Video Game’s Release Date

Next Post

A ridiculous lawsuit so Tesla doesn’t charge idling fee for unlimited supercharging

Balraj

Balraj writes about Startup, Business, Technology related news on Techstory... For Business Enquires related to TechStory; Get in touch on: info@techstory.in...

Recommended For You

Ovantica Unveils Festive Season Offers on Certified Refurbished iPhones, Making Premium Apple Devices More Affordable

by Shailja Jha
August 14, 2026
0

Ovantica Unveils Festive Season Offers on Certified Refurbished iPhones, Making Premium Apple Devices More Affordable The rush to buy premium smartphones will only increase now that the festive...

Read more

OpenAI Faces Second Senior Exit Ahead Of IPO As Revenue Chief Denise Dresser Leaves

by Ishaan Negi
August 14, 2026
0
OpenAI Faces Second Senior Exit Ahead Of IPO As Revenue Chief Denise Dresser Leaves

OpenAI is facing another major leadership change just days after announcing the departure of Brad Lightcap, with Chief Revenue Officer Denise Dresser leaving the artificial intelligence company after...

Read more

Navi Ltd. Prepares for IPO, Targets Up to $314 Mn Fundraise

by Ishaan Negi
August 14, 2026
0
Navi Ltd. Prepares for IPO, Targets Up to $314 Mn Fundraise

Fintech startup Navi Ltd., founded by former Flipkart co-founder Sachin Bansal, is preparing to formally begin the process for an initial public offering (IPO) in India. The company...

Read more
Next Post
A ridiculous lawsuit so Tesla doesn’t charge idling fee for unlimited supercharging

A ridiculous lawsuit so Tesla doesn't charge idling fee for unlimited supercharging

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at info@techstory.in

Advertise With Us

Reach out at - info@techstory.in

Aviator Game India 2026

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News OpenAI samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2025 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2025 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?