Sony Looking To Commercialize Humanoid Robots, Is Ready To Tap Metaverse – Yahoo Finance

Sony Group Corp (NYSE: SONY) said it has the technology to monetize humanoid robots once it has identified how they could effectively use them.
“In terms of technology, several companies in the world, including this one, have enough technology accumulated to make them swiftly once it becomes clear which usage is promising,” Sony Chief Technology Officer Hiroaki Kitano told Reuters in an interview.
“The key is the development of application,” Kitano said.
Also Read: Sony Amplifies Gaming Rivalry With Microsoft In China
Sony launched a robot dog called Aibo more than two years ago. It sold about 150,000 units of Aibo from 1999 until 2006 and launched an advanced version in 2018, selling about 20,000 units in the first six months.
Humanoid robots have been in development for decades by Honda Motor Company, Ltd (NYSE: HMC) and Hyundai Motor Co, Ltd (OTC: HYMTF), and in September, Tesla, Inc (NASDAQ: TSLA) CEO Elon Musk showed off a prototype of its humanoid robot Optimus.
Musk’s company is floating plans to deploy thousands of robots in its factories, eventually expanding to millions worldwide.
Kitano said Sony, armed with audio-visual technology expertise and rich entertainment content, was ready to play a significant role in the metaverse.
Price Action: SONY shares traded higher by 0.02% at $81.61 in the premarket on the last check Tuesday.
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