No Data
China's hard technology achievements are impressive: Innosilicon (2577.HK) saw a 669.8% year-on-year increase in the number of AI and Datacenter chip deliveries.
The hottest main trend in the A-shares is undoubtedly AI and Siasun Robot&Automation, with the AI Index having increased by over 148% from 2024 to the present. Humanoid robots are entering the countdown to mass production, and trillion-parameter large models are igniting a competition for computing power, with hot money in the Capital Markets continuing to gather around hard Technology.
Innosilicon (02577.HK) signed a joint development agreement for Gallium Nitride technology with STMicroelectronics.
On April 1, Gelonghui reported that Innosilicon (02577.HK) announced that it has signed a joint development agreement based on Gallium Nitride power technology with STMicroelectronics ("STMicroelectronics") (an independent third party of the company), aiming to jointly promote the application of this technology in Consumer Electronics, Datacenter, Autos, and industrial power systems in the coming years. According to the joint development agreement, Innosilicon can utilize STMicroelectronics' manufacturing capacity outside of China to produce its Gallium Nitride wafers, while STMicroelectronics can also leverage Innosilicon's manufacturing capacity in China to produce its own Gallium Nitride wafers.
STMicroelectronics and Innoscience Sign GaN Technology Development and Manufacturing Agreement
Innospec (02577.HK) announced its annual performance, with overseas sales revenue increasing significantly by 118.1%, actively deepening technical cooperation with clients in fields such as Siasun Robot&Automation, Drone, and others.
Gelonghui, on March 28, announced that Innosilicon (02577.HK) reported sales revenue of 828.5 million yuan for the year ending December 31, 2024, representing a year-on-year increase of 39.8%. With the expansion of the group's production scale and the implementation of cost reduction and efficiency enhancement measures, production costs have rapidly declined, and the gross margin has significantly improved. The group's gross loss rate decreased from -61.6% in 2023 to -19.5% in 2024, an increase of 42.1 percentage points. The product's share in the Consumer Electronics application field continues to grow, achieving significant milestones in the New energy Fund, AI, and other Global Strategy emerging sectors.
Gallium Nitride leading company (02577) anticipates significant revenue growth in 2024, achieving major breakthroughs in the New energy Fund, AI, and humanoid Siasun Robot&Automation fields.
In 2024, Innosight achieved revenue of 0.828 billion yuan, a year-on-year increase of 39.8%. The gross margin continued to improve significantly, with the company's loss rate reduced from -61.6% in 2023 to -19.5% in 2024, an increase of 42.1 percentage points.
InnoScience Reports Robust Financial Growth and Product Expansion in 2024