UBTech's US$237 million Fenglong deal tightens humanoid robot supply chain
Chinese humanoid robot maker UBTech Robotics is moving to lock down key manufacturing capacity, agreeing to pay nearly 1.7 billion yuan (US$237 million) in cash to take control of Shenzhen-listed mechanical component maker Zhejiang Fenglong as it pushes to sc
(Post Magazine, 2025-12-25T12:00:16Z)