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China blocks SoftBank's $5.4B ABB robotics deal over AI data security fears.

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05 Nov 2026, 20:42 WIB
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Bearish
China blocks SoftBank's $5.4B ABB robotics deal over AI data security fears.

China's National Development and Reform Commission reportedly blocked SoftBank's $5.4 billion acquisition of ABB's robotics unit, fearing Chinese robotics data could be used to train Western AI models like OpenAI's. The deal, announced in 2025 and expected to close in 2026, is now uncertain with no formal notice yet. SoftBank's Arm Holdings shares fell mainly due to its earnings miss, not the deal. The situation highlights China's strict stance on AI data as a national security asset and may affect future foreign tech acquisitions in China.

The reported blockage of SoftBank's $5.4 billion deal for ABB's robotics unit underscores rising tensions over technology and data security. On Pluang, Arm Holdings plc, related to SoftBank, is trading at USD 168.45, down 12.17% in one day as of Nov 06, 2026 01:51 WIB. This sharp decline contrasts with its 52-week high of USD 439.46, reflecting market sensitivity to recent developments in the tech sector.

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