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Changes in Hong Kong stocks | Basic Semiconductors (09971) rose more than 5% at the end of the session and reached a strategic partnership with Premium Choice to enable energy efficiency upgrades for humanoid robots
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The Zhitong Finance App learned that Basic Semiconductors (09971) rose more than 5% at the end of the session. As of press release, it had risen 6.11% to HK$69.45, with a turnover of HK$2,0406 million.

According to the news, Basic Semiconductor recently announced that it has reached a strategic cooperation with Preferred Choice. Relying on Preferential Choice's technology and mass production advantages in the field of humanoid robots, as well as the core technology and industrialization capabilities of basic semiconductors in the field of silicon carbide power devices, the two sides will carry out in-depth cooperation in the direction of optimizing energy efficiency of humanoid robots and building products with low power consumption and high battery life to accelerate the large-scale application of silicon carbide power devices in the field of embedded intelligent robots.

The board of directors believes that this strategic cooperation will help the company enter the rapid growth track of intelligent humanoid robots, promote the application of silicon carbide power devices in emerging fields, improve manufacturing efficiency and reduce manufacturing costs by deploying intelligent humanoid robots in semiconductor production lines.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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