Howard Huang, creator, chairman and chief executive officer of Orbbec.
Orbbec
exist In 2013, Howard Huang, a qualified designer focusing on optical dimension, established OrbBEC in the hope of changing his scholastic study right into real-world applications. Based upon Shenzhen’s China Equipment Facility, his firm has actually established 3D vision video cameras that permit devices to regard deepness like human eyes and allow them to search the setting much better.
Quick ahead to today, Orbbec’s modern technology is powering the surge of the humanoid robotic sector in China. Its 3D vision cam has actually ended up being a fundamental part of the state-backed X-Humanoid’s Tiangong Ultra, which defeat around 20 robotic joggers in Beijing in April. Orbbec, which is riding in the nation’s current robotics craze, rose greater than 315% in the year, has a market cap of $5.2 billion.
Huang is the 45-year-old chairman and chief executive officer of Orbbec, and is the firm’s biggest investor with a straight share of 27%. According to his building, Forbes Huang’s total assets is approximated to be US$ 1.4 billion.
Considering that human robotics have actually not yet ended up being mainstream, Orbbec’s existing primary income stream stays its 3D vision video cameras for face acknowledgment systems in contactless repayments and Medicare confirmation. In the very first fifty percent of 2025, Orbbec’s internet earnings was RMB 30 million (US$ 4 million), withdrawing a bottom line of RMB 81 million a year back. Throughout the very same duration, its income increased to $436 million, with 62% of which originated from components made use of in retail and medical care face acknowledgment systems.
The firm associates the development partially to climbing sales of 3D vision video cameras, consisting of repayment applications, consisting of sales made use of in face acknowledgment systems released by Jack Ma-backed Ant Team. The Chinese fintech titan’s electronic repayments system repayment connection enables customers to see in grocery stores and various other retailers simply by checking their faces. Ant Team is Orbbec’s biggest outside capitalist, holding a 9% risk with Shanghai Yunxin Equity Capital.
The humanoid robotic Tiangong Ultra, furnished with Orbbec’s 3D vision cam, won the humanoid fifty percent marathon in Beijing on April 19, 2025.
VCG by Getty Pictures
OrbBEC created 31% of its first-half income from robotics, with 4% originating from “others” (Orbbec declined to supply information), while the remainder originated from commercial applications such as 3D scanning for issue discovery and setting up simulation. Presently, Orbbec consumers in the robotic area are generally solution robotic makers, consisting of Pudu Robotics and Gausium in China, focusing on cleaning up robotics, along with client treatment robotic business Robocare and Storage facility Crawler Barnoduler Twinny Twinny. Orbbec declares that it has a market share of greater than 70% in 3D vision video cameras offering robotics in China.
The firm just recently included some humanoid robotic designers to its consumer lineup. Along with the Tiangong Ultra version collectively established by X-Humanoid and Ubtech Robotics by Chinese billionaire Zhou Jian, Ant Team’s Robotics system likewise utilizes Orbbec’s sophisticated 3D vision cam. Orbbec validated its components for the rolled, two-armed R1 robotic disclosed by Ant Lingbo Innovation (likewise referred to as Robbyant) in September.
To profit from China’s robotic boom, Orbbec introduced in September that it prepares to elevate approximately 1.9 billion yuan with exclusive positioning. The firm claimed it will certainly make use of the profits to supply robotics with r & d on “AI vision and area assumption innovations”, consisting of the advancement of far better chips and software application to improve devices’ capacity to replicate human vision. Orbbec anticipates its income from robotics to release a substance yearly development price of concerning 100% over the following 3 to 5 years.
Before Orbbec, Huang was a postdoctoral other at the MIT Research Study and Modern Technology Research Study Centre in Singapore. He obtained his Ph.D. A PhD in Design from City College of Hong Kong, obtained her Master’s level from the National College of Singapore and a Bachelor’s level from Beijing Peking College in Beijing.
Orbbec’s very first innovation was available in 2017, when the firm safeguarded a handle Ant Team to install its 3D vision video cameras right into Alipay’s face acknowledgment repayment system. A year later on, Orbbec joined Chinese mobile phone manufacturer Oppo to introduce the globe’s very first Android mobile phone making use of 3D face acknowledgment modern technology, which enables biometric verification. Apple released its very first apple iphone in late 2017 for 7 months.
In a meeting with state-owned Guangdong television terminal in 2023, Huang claimed Oppo was at first reluctant due to the fact that his firm was tiny at the time. “[Oppo] At first, individuals were bothered with our dependability, however eventually they could not locate somebody extra trustworthy than us,” Huang claimed in a meeting. We had plenty of self-confidence. It was testing, however if Apple could do it, why can not we?”
Throughout the years, Orbbec has actually drawn in capitalists from investment company consisting of Hong Kong investment company SAIF Allies (a by-product of Softbank) and Taiwanese chip layout huge Mediatek. The firm broadened to supply 3D vision video cameras for robotics in 2016 and increased the area in 2022. That year, Huang made Orbbec public public in the celebrity market in Shanghai throughout his 1.2 billion yuan IPO.
” My adage is: ‘Climb up the highest possible top in the most effective times and handle the most difficult difficulties of the sophisticated sector,” Huang claimed in an additional meeting with City College of Hong Kong in August. “To attain worldwide impact in the robotics sector is the highest possible top we intend to overcome.”
Extra from Forbes