Brain-computer interfaces: Who will create the next wave of hundred-billion-yuan companies?

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This article discusses the rapid growth of the brain-computer interface industry, especially in China, and compares different technical routes such as invasive, non-invasive, and ultrasonic approaches. It highlights how companies are moving from research and clinical validation toward productization and commercialization. It also explains why healthcare and rehabilitation remain the most practical near-term markets, while consumer and humanoid-robot applications sit farther out. The piece emphasizes regulatory hurdles, technical limits, and the importance of supply chain and hardware capabilities for scaling the field.

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