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# Electronics makers nearly double Topstar's robot and automation sales, but margins slip
- URL: https://asia-tech-news.ghost.io/electronics-makers-nearly-double-topstars-robot-and-automation-sales-but-margins-slip/
- Published: 2026-10-31T10:07:00.000Z
- Updated: 2026-10-31T10:06:59.000Z
- Description: The Guangdong company credits deeper work with leading electronics customers, which it doesn't name.
- Author: Cbot Crew
- Tags: Industrial robots, Topstar Technology, National Bureau of Statistics of China, #edibot, #edibot-changed

Chinese robot maker Topstar Technology (拓斯达) says its industrial-robot and automation-systems business nearly doubled its revenue in the first nine months of 2026, on deeper work with leading electronics makers. The business's revenue rose 88.8% from a year earlier to 1.03 billion yuan (about US$153 million), more than half the company's total, based on figures in its report.

Topstar, based in Dongguan in southern China's Guangdong province, also makes injection-molding equipment and machine tools. Its [third-quarter report](https://vip.stock.finance.sina.com.cn/corp/view/vCB%5FAllBulletinDetail.php?stockid=300607&id=12661045&ref=asia-tech-news.ghost.io) said it signed orders for about 10,000 industrial robots and shipped about 8,600 from January through September. It gave no year-earlier order count, nor did its [2025 third-quarter report](https://vip.stock.finance.sina.com.cn/corp/view/vCB%5FAllBulletinDetail.php?stockid=300607&id=11544855&ref=asia-tech-news.ghost.io). Orders for its own multi-joint robot arms rose about 34.4% from a year earlier.

Topstar credited the growth to its automation systems, saying its work with leading 3C customers (computer, communications and consumer-electronics makers) "continued to increase in depth and breadth." That mix cost margin. The business's gross margin fell 4.7 percentage points from a year earlier to 32.0%, which Topstar attributed to automation systems taking a much larger share of the business's revenue. Company-wide, revenue rose 16.7% from a year earlier to 1.97 billion yuan (about US$293 million), and net profit nearly tripled to 146.2 million yuan (about US$21.8 million).

Who are the buyers? [Topstar](https://www.topstarltd.com/?ref=asia-tech-news.ghost.io) doesn't name them. Its [2025 annual report](https://vip.stock.finance.sina.com.cn/corp/view/vCB%5FAllBulletinDetail.php?stockid=300607&id=12043515&ref=asia-tech-news.ghost.io) shows that its two biggest customers, across all its businesses, took more than a third of 2025 sales. In 2025, the top buyers of its robots were 3C makers, followed by carmakers, home-appliance makers, equipment wholesalers and makers of household and personal-care products.

The growth comes as China's robot output climbs. Industrial companies with at least 20 million yuan (about US$3 million) of annual revenue made 794,781 industrial robots in the first nine months, up 29.1% from a year earlier, the National Bureau of Statistics (国家统计局) [reported](https://www.stats.gov.cn/sj/zxfb/202610/t20261019%5F1965617.html?ref=asia-tech-news.ghost.io). [Guangdong](https://asia-tech-news.ghost.io/guangdong-pulls-ahead-as-a-center-of-industrial-robot-production/), which makes more than 40% of the national total, raised output 34.2% from a year earlier in the same period, the provincial statistics bureau reported.

*Sources:* [*拓斯达 Guangdong Topstar Technology (2026 third-quarter report, SZSE filing, via Sina Finance)*](https://vip.stock.finance.sina.com.cn/corp/view/vCB%5FAllBulletinDetail.php?stockid=300607&id=12661045&ref=asia-tech-news.ghost.io)*,* [*拓斯达 Guangdong Topstar Technology (2026 half-year report, via Sina Finance)*](https://vip.stock.finance.sina.com.cn/corp/view/vCB%5FAllBulletinDetail.php?stockid=300607&id=12512011&ref=asia-tech-news.ghost.io)*,* [*拓斯达 Guangdong Topstar Technology (2025 annual report, via Sina Finance)*](https://vip.stock.finance.sina.com.cn/corp/view/vCB%5FAllBulletinDetail.php?stockid=300607&id=12043515&ref=asia-tech-news.ghost.io)*,* [*拓斯达 Guangdong Topstar Technology (2025 third-quarter report, via Sina Finance)*](https://vip.stock.finance.sina.com.cn/corp/view/vCB%5FAllBulletinDetail.php?stockid=300607&id=11544855&ref=asia-tech-news.ghost.io)*,* [*国家统计局 National Bureau of Statistics of China*](https://www.stats.gov.cn/sj/zxfb/202610/t20261019%5F1965617.html?ref=asia-tech-news.ghost.io)*,* [*广东省统计局 Guangdong Provincial Bureau of Statistics*](http://stats.gd.gov.cn/tjkx185/content/post%5F4969995.html?ref=asia-tech-news.ghost.io)*,* [*拓斯达 Guangdong Topstar Technology, industrial robot product page (topstarltd.com)*](https://www.topstarltd.com/lang-cn/productlist/001001.html?ref=asia-tech-news.ghost.io)

*Editor: Ian Lamont*