AI TRENDS | Daiwa Says UBTech First-Half Results Beat Expectations

Daiwa said UBTech Robotics (09880) delivered first-half results that were far better than market expectations, according to ETNet. The broker said UBTech is expected to see broader commercialisation in the second half of 2026. Management also expects production and delivery to accelerate in the second half of 2026, while industrial deployments continue to expand across customers in the automotive, electronics, semiconductor, logistics and aviation sectors. Based on these operating developments, Daiwa maintained a Buy rating on the company.