Xiaomi-backed Chinese firm acquires iconic scooter maker Segway

Last Updated: Wednesday, April 15, 2015, 16:08

New backers of Ninebot, which began producing scooters two years ago as a crowdfunded project, also include Xiaomi Chief Executive Lei Jun`s personal private equity fund Shunwei, Gao said.

China's Ninebot $80 mn in investment from Xiaomi, Sequoia

Last Updated: Wednesday, April 15, 2015, 12:52

The firm has also bought a 100 percent stake in iconic U.S. rival Segway Inc for an undisclosed sum, Chief Executive Gao Lufeng told a news conference in Beijing.

Indian IT firms eye robotics, driverless cars for next round of growth

Last Updated: Friday, February 20, 2015, 14:23

After decades of low-margin work like server maintenance, India`s information technology services firms are moving upscale in search of lucrative contracts for driverless cars and other advanced projects as online innovation changes clients` needs.

The robo maker

Last Updated: Thursday, January 30, 2014, 13:17

The developing robotics industry has some lucrative jobs in store. <B>Prachi Rege</B>speaks to experts about the need for professionals who will create future Wall-Es.

A visiting robot

Last Updated: Thursday, January 30, 2014, 13:01

Foreign universities are looking at India for talent to work on their ambitious robotics projects. Gauri Rane chats with representatives of Ireland’s Aberystwyth University to find out more about their Autonomous Sailing Robot or ASR project.

Learn how humans walk

Last Updated: Saturday, January 18, 2014, 18:54

Humans have been walking on earth for over a million years and researchers are now close to figuring out how they do it.

Now, you can have a robotic device `mother` you

Last Updated: Tuesday, January 7, 2014, 16:24

A French company is set to launch a new robotic device that can take care you.

Mexican engineer makes piano-playing robot

Last Updated: Wednesday, January 1, 2014, 16:18

A Mexican engineer has designed and built a robot said to be the world`s "most advanced robot pianist" with 10 degrees of movement, his engineering school said.