bestechnic (shanghai) co., ltd.: Some customers' smart glasses projects are in the introduction stage. The rise of cloud-based large models presents new demands for chips | Highlights from the earnings conference.
①In the first three quarters of the year, bestechnic (shanghai) co., ltd. asia vets watches and wristbands accounted for approximately 29% of the total, a significant year-on-year increase. Looking ahead to the fourth quarter and 2025, bestechnic (shanghai) co., ltd. asia vets stated that the gross margin is expected to continue to improve; ②The company's inventory in the third quarter was 0.672 billion yuan, with raw materials and work in progress accounting for approximately 60%, and finished products accounting for approximately 40%.
The 2024 World Consumer Electronics Expo is about to be held, and the smart phone market is expected to grow against the trend.
① The 2024 World Consumer Electronics Show will be held at the Shenzhen Convention and Exhibition Center from November 28 to 30, 2024. ② China Merchants believes that the flagship Android phones are entering a phase of intensive releases, with Xiaomi, OPPO, vivo, Honor, and Huawei all having released new flagship models, which focus on AI and optics as highlights. Continuous attention is paid to innovations in new machines and subsequent sales.
Guobor Electronics: High linear control device business has been mass supplied. Multiple satellite communication products have been introduced to customers. | Direct hit at earnings conference
①Mei Bin, Chairman of Guobo Electronics, stated that the company's Q3 revenue and profits declined mainly due to industry factors and the pace of orders, resulting in a decrease in revenue from source phased array T/R components and RF module business; ②Multiple RF integrated circuits have been applied in 5G-A sensing integrated stations, for bulk supply of business high-linearity control components for the new generation of smart antennas in stations.
Nanshan Technology: This year, the automotive electronics business has grown rapidly. The BMS and Display Power product lines have achieved key breakthroughs. | Direct coverage of the earnings conference
① At the earnings conference of Nanxin Technology, the chairman and general manager Ruan Chenjie stated that the BMS and Display Power product lines have achieved key breakthroughs, with strong growth momentum, and the future business scale is expected to continue to increase rapidly. ② Ruan Chenjie stated that the company's net income and revenue in the first three quarters have exceeded the total level of the previous year, and it is anticipated that the overall revenue and profitability will achieve even better results this year.
Tuojing Technology: As of the end of Q3, the current orders on hand are full, with equipment already shipped to Japan. | Directly hitting the earnings conference
① The design of the PF-300T Plus and PF-300M further enhances the equipment's capacity, with machinery capacity increased by approximately 20% to 60%; the two new reaction chambers, pX and Supra-D, further improve the performance indicators of film deposition. ② Tuo Jing Technology has established a wholly-owned subsidiary in japan in the first half of 2024 and is currently actively expanding into other overseas markets.
Zhongke Feice: The nano-patterned wafer defect detection equipment has been shipped in small batches and will focus on expanding equipment products in the future | Direct coverage of the earnings conference.
1. Zhongke Feice has increased research and development investment in the iterative upgrade of new products and existing products towards more advanced technologies in the first three quarters, which has impacted profitability; 2. Chen Lu stated that the company is confident in maintaining steady growth for the entire year's operation situation.