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China is set to dominate robot deliveries, supported by its extensive experience in industrial robotics and component manufacturing, Daiwa Securities analyst Kelvin Lau says. He notes that many auto and industrial components overlap with humanoid robot production, giving China a clear edge. Its large-scale manufacturing base—spanning automotive, consumer electronics, mining, construction and logistics—should also enable robotics firms to scale sales and offset development costs. Daiwa expects South Korea to narrow the gap, particularly as Hyundai Group has acquired Boston Dynamics, providing a faster path to compete.