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What Espressif Systems (Shanghai) Co., Ltd.'s (SHSE:688018) 36% Share Price Gain Is Not Telling You
Espressif Systems (688018.SH): There are no plans to engage in specific complete machine business.
On December 10, Gelonghui reported that Espressif Systems (688018.SH) stated on the investor interaction platform that we provide Internet of Things chip modules and related Software technical support for various downstream Industries. There are no plans to enter specific complete machine businesses. Each profession has its own expertise, and usually, there are industry solution providers who create specific application solutions for particular Industries.
Open Source Securities: Focus on supply chain autonomy and controllability, domestic IC design chips may soon counterattack.
In the "14th Five-Year Plan" of 2020, it is proposed that by 2025, the self-sufficiency rate of domestic chips should reach 70%.
There's Been No Shortage Of Growth Recently For Espressif Systems (Shanghai)'s (SHSE:688018) Returns On Capital
Huajin Securities: Recovery in demand and improved economic conditions enhance expectations for 5G RedCap and asia vets modules.
5GRedCap is about to be commercially launched, chip/module manufacturers are launching product iterations.
Espressif Systems (688018.SH): elected Zhang Rui'an as director.
On November 25th, Gelonhui reported that espressif systems (688018.SH) announced that Mr. TEO SWEE ANN has been elected as the Chairman of the third board of directors of the company at the first meeting of the third board of directors, with a term from the date of approval by the board of directors to the expiration of the term of the third board of directors.