Horizon Robot-W (09660) rose by nearly 5%. As of press release, it had risen 4.44% to HK$3.76, with a turnover of HK$62.8606 million.
The Zhitong Finance App learned that Horizon Robot-W (09660) rose by nearly 5%. As of press release, it had risen 4.44% to HK$3.76, with a turnover of HK$62.8606 million.
According to the news, previous market sources said that IMOTIONAUTOTECH will reach a strategic cooperation with Horizon, and the two sides will develop smart driving solutions based on the Horizon Journey series 6E chip (hereinafter referred to as J6E). The target market is the 0.1-0.15 million mid-level smart driving market. Earlier, according to industry sources, BYD will also adopt the ORinn and Horizon J6e solutions next year to promote mass production of smart driving functions on its marine network models.
Goldman Sachs released a research report stating that Horizon Robotics launched the next-generation “Journey 6” series. Its solutions cover a wide range of computing capabilities from 10 TOPS to 560 TOPS. The goal is to first mass-produce 80-128 TOPS J6E/J6M in 2025, and then mass-produce the J6P/J6B in 2026. The “Journey 6" series products were launched in April 2024, with 10 potential customers (SAIC, BAIC, Ideal Automobile-W, GAC, etc.). Goldman Sachs expects revenue contributions from this product line to begin in 2025.