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.

July 12, 2017 02:56 JST | Japan

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

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