The Hangzhou-based robotics startup is reportedly preparing an initial public offering that could value it at up to 50 billion yuan (US$7 billion).
Nissan will reportedly trim production of its top-selling Rogue SUV in Japan due to a shortage of Nexperia chips, while Germany said it is discussing the matter with affected companies.
As a result of the higher allowances, net profit falls 72% to S$443 million
