# Who does UBTech Robotics pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/ubtech · Facet: suppliers · Updated: 2026-07-12T05:01:57.817638+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: UBTech Robotics's confirmed suppliers/cost counterparties include Harmonic Drive, CATL, Nidec plus 2 undisclosed/aggregate relationships. Per the valuechain.wiki graph: 5 cost edges, backed by 6 dated sources, 1 of them primary filings (as of 2026-07-12).

### Harmonic Drive (high)  → /harmonic-drive.md
- note: Adopts harmonic reducers in Walker S2 joints.
- [confirms] Humanoid Guide (EN, research, published 2026-01-01) https://humanoid.guide/ubtech-humanoid-revenue-surges-in-2025-results/: "Adopts harmonic reducers in Walker S2 joints."
- [confirms] PR Newswire (EN, news, published 2025-11-01) https://www.prnewswire.com/news-releases/ubtech-humanoid-robot-walker-s2-begins-mass-production-and-delivery-with-orders-exceeding-800-million-yuan-302616924.html: "Adopts harmonic reducers in Walker S2 joints."
- [confirms] UBTech/HKEX (EN, filing, published 2025-08-26) https://ir.ubtrobot.com/: "UBTech annual/IR: H1 revenue ¥621M, humanoid 41%."

### CATL (mid)  → /catl.md
- note: Adopts CATL batteries for humanoid power.
- [confirms] NotebookCheck (EN, research, published 2026-01-01) https://www.notebookcheck.net/CATL-beats-Tesla-to-humanoid-robots-matching-skilled-worker-performance-in-mass-EV-battery-production.1188790.0.html: "Adopts CATL batteries for humanoid power."

### Nidec (mid)  → /nidec.md
- note: Sources humanoid joint motors and actuators.
- [confirms] Morgan Stanley (EN, research, published 2025-01-01) https://advisor.morganstanley.com/john.howard/documents/field/j/jo/john-howard/The_Humanoid_100_-_Mapping_the_Humanoid_Robot_Value_Chain.pdf: "Sources humanoid joint motors and actuators."

### Inovance (mid)  → /inovance.md
- note: Sources servo and motion control from Inovance.
- [confirms] Robotics & Automation News (EN, news, published 2025-09-25) https://roboticsandautomationnews.com/2025/09/25/inovance-technology-targets-humanoid-robot-components-and-bolsters-core-plc-business/94751/: "Sources servo and motion control from Inovance."

### AI칩·센서·제조 (비공개) (low)
- note: AI compute, sensors and assembly.
- [confirms] Humanoid Guide (EN, research, published 2026-01-01) https://humanoid.guide/ubtech-humanoid-revenue-surges-in-2025-results/: "AI compute, sensors and assembly."

Reverse side: https://valuechain.wiki/ubtech/customers.md · Ripple: https://valuechain.wiki/ubtech/ripple.md

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Full node: https://valuechain.wiki/ubtech.md · JSON: https://valuechain.wiki/ubtech.json