Chinese startups race for global growth with low-cost hardware

Domestic price pressures dent valuations but help launch products quickly, cheaply

20250926 china massages

NetEase, a gaming company, incubated a startup developing robots that can perform massages -- one example of a new Chinese hardware venture. (Photo by Wataru Suzuki)

WATARU SUZUKI

SHANGHAI -- Chinese startup founders are striving to take products global, as deflationary pressures squeeze valuations but help new companies launch hardware quickly and at low cost.

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