Shares of BASICSEMI (09971) climbed more than 5% in the final stretch of Tuesday's trading session, reaching as high as a 6.11% gain to HK$69.45, with turnover of approximately HK$22.04 million. The move comes on the heels of the company's recent announcement of a strategic partnership with UBTECH, a leading player in the humanoid robotics space.

The collaboration leverages UBTECH's technological strengths and mass-production capabilities in humanoid robots, combined with BASICSEMI's core expertise and industrial know-how in silicon carbide (SiC) power devices. The two companies will focus on optimizing energy efficiency for humanoid robots and developing products that deliver low power consumption with extended battery life. The partnership aims to accelerate the large-scale deployment of SiC power devices in the emerging field of embodied intelligent robotics.

According to the board, this strategic collaboration is expected to position the company to tap into the rapidly growing humanoid robot sector, foster the adoption of SiC power devices in new application areas, and leverage embodied intelligent robots within its semiconductor production lines to boost manufacturing efficiency while lowering production costs.