Ubtech Robotics: Between a Chip Alliance and a Reckoning on the Factory Floor

The humanoid robotics sector has a new darling, and it is not Ubtech Robotics. When rival Unitree Robotics stormed onto Shanghai’s STAR Market on August 19, it raised 6.1 billion yuan in an offering that was more than 8,000 times oversubscribed, with shares surging 629 percent on debut to a valuation north of $50 billion. […] The post Ubtech Robotics: Between a Chip Alliance and a Reckoning on the…