HK Stock Market Move | BASICSEMI (09971) surged over 5% in the late trading session after reaching a strategic partnership with UBTECH ROBOTICS. Silicon carbide power devices empower the efficiency upgrade of humanoid Siasun Robot & Automation.
Basic Semiconductor (09971) surged over 5% in late trading. As of the time of publication, it has risen by 6.11% to HKD 69.45, with a trading volume of HKD 22,040,600.
BASICSEMI (09971) surged over 5% in the last trading session. As of the time of publication, it has increased by 6.11%, trading at HKD 69.45, with a transaction volume of HKD 22.04 million.
In terms of news, BASICSEMI recently announced a strategic partnership with UBTECH ROBOTICS. The two parties will leverage UBTECH ROBOTICS' technological and mass production advantages in humanoid Siasun Robot & Automation, along with BASICSEMI's core technology and industrialization capabilities in silicon carbide power devices, to conduct in-depth collaboration in areas such as optimizing energy efficiency for humanoid Siasun Robot & Automation and developing low-power, high-endurance products. This aims to accelerate the large-scale application of silicon carbide power devices in embodied intelligent Siasun Robot & Automation.
The board believes that this strategic cooperation will help the company enter the rapidly growing sector of embodied intelligent humanoid Siasun Robot & Automation, promote the application of silicon carbide power devices in emerging fields, and enhance manufacturing efficiency while reducing manufacturing costs by deploying embodied intelligent humanoid Siasun Robot & Automation on semiconductor production lines.
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