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SoftBank's humanoid robot is $274m in debt

Robotics subsidiary gushing red ink as prices lag behind costs

SoftBank's humanoid robot Pepper is having profitability problems due to its cheap price.

TOKYO -- SoftBank Robotics, developer of the Pepper humanoid robot, continues to bleed red ink as sales fail to soak up development costs.

Parent company SoftBank Group group will aid its unlisted robotics subsidiary by providing funds and sales support.

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