On November 4th, according to the Sci-Tech Innovation Board Daily (Reporter: Qiu Siyu), today (November 4th), Aiwei Electronics held the 2024 third-quarter earnings conference.

During the conference, Chairman and General Manager of Aiwei Electronics, Sun Hongjun, revealed: 'The main sources of growth for the company this year come from the development of consumer electronics, new terminal devices, and artificial intelligence.' Specifically, there is a trend of moderate recovery in the consumer electronics market, and the company also stated in the third-quarter report that 'the market is gradually recovering, and end customer demand is growing.'

At the same time, the continuous upgrading of downstream terminal application functions, as well as the expansion of application scenarios for new terminal devices including wearable devices, industrial IoT, and automotive, have become key factors driving the growth of Aiwei Electronics' performance. 'AI technology is increasingly being integrated into consumer electronics products, bringing new application scenarios and user experiences,' added Sun Hongjun.

Aiwei Electronics focuses on the design of high-quality mixed-signal, analog, and RF integrated circuits. The company's main products include high-performance mixed-signal chips, power management, and signal chains, with over 900 product models.

Regarding new product development, Sun Hongjun told the Sci-Tech Innovation Board Daily reporter at the earnings conference that in the field of high-performance mixed-signal chips, the company has launched flagship digital audio power amplifier products for mobile phones and medium-power audio power amplifier products for Bluetooth audio devices, smart speakers, laptops and other areas. Multiple technical indicators have reached the industry-leading level, and have been introduced into multiple projects of industry-leading customers.

Meanwhile, the company's camera motor drive business revenue has achieved accelerated volume growth. 'Aiwei Electronics is the first domestic company to break through optical image stabilization (OIS) technology and achieve large-scale production, and has planned a full range of OIS products. The product structure of Haptic drive products has been further expanded, and the market structure has been further optimized,' mentioned Sun Hongjun.

In terms of power management chips, the company has launched multiple products. Regarding DC-DC, the company's APT buck-boost products have not only maintained continuous shipments in smartphones but have also been successively introduced to multiple industrial IoT customers in the 5G redcap direction, achieving large-scale production, and breaking through key Tier1 customers in the automotive industry.

In terms of LDO, in addition to the large-volume shipments of general-purpose and low-power LDO in the mobile phone and industrial Internet fields, LDO PMIC is also accelerating its volume in the client side; in terms of port protection, PC-spec bidirectional isolation OVP has been successively mass-produced on the client side; in terms of display power, Amoled power has made breakthroughs in many top customers and is expected to achieve large-scale mass production starting in the second half of the year.

In terms of signal chain chips, Sun Hongjun told the "Star Daily" reporter, "Asia Vets has launched multiple signal chain chips, achieving significant growth in revenue and shipments." It is reported that the operational amplifier series products have achieved large-scale mass production in fields such as speakers, home appliances, and medical instruments. Apart from the continuous mass production of voltage conversion and process specification products, vehicle specification products have broken through many key Tier1 customers in applications such as TBOX and TCAM and achieved mass production. High-speed switch products have been introduced to top customers in various applications such as FTTR, routing, CPE, MIFI, and accelerated production. Among them, the USB3.1 switch has started to be introduced into the WIFI7 platform reference design.

In terms of performance, in the first three quarters of 2024, Asia Vets' revenue was 2.366 billion yuan, an increase of 32.71% year-on-year; net income attributable to the parent company was 0.178 billion yuan, achieving a turnaround from loss to profit.