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ByteDance has released the Doubao real-time voice model, and domestic AI applications are expected to experience explosive growth.
① Doubao is about to release its latest real-time voice large model, and based on this model, the real-time voice call feature will be fully launched on the Doubao App. ② CITIC SEC stated that the performance of the Doubao large model exceeds expectations, reflecting ByteDance's positive feedback from its investment in AI.
Espressif Systems (Shanghai)'s (SHSE:688018) 263% Return Outpaced the Company's Earnings Growth Over the Same One-year Period
Lexin Technology: Lexin Technology 2024 Annual Results Pre-Increase Announcement
Lexin Technology 2024 Annual Results Pre-Increase Announcement
The increase in potential customers and high demand across multiple fields means that Espressif Systems expects record high revenue and profit for the entire year of 2024.
① Espressif Systems expects to achieve revenue of 1.985 billion yuan to 2.015 billion yuan in 2024, with net income of 0.3 billion yuan to 0.34 billion yuan, setting a new annual historical high; ② The ESP32 series chips from Espressif Systems can be used in AI hardware products for children's companionship and early education, providing a one-stop hardware solution for AI trendy toys, including edge audio and video processing, among others.
Espressif Systems (688018.SH): Net profit for the fiscal year 2024 is expected to increase by 120% to 150%.
On January 15, Glonghui reported that Espressif Systems (688018.SH) announced its earnings performance forecast for the fiscal year 2024. According to preliminary calculations by the financial department, it is expected that the annual revenue for 2024 will reach between 1.985 billion yuan and 2.015 billion yuan, representing a year-on-year increase of 39% to 41%. The net income attributable to the owners of the parent company is expected to be between 0.3 billion yuan and 0.34 billion yuan, with a year-on-year increase of 120% to 150%. The net income attributable to the owners of the parent company after deducting non-recurring gains and losses is expected to be between 0.28 billion yuan and 0.32 billion yuan, with a year-on-year increase of 157% to 194%. This period's revenue growth is mainly due to the digitalization of various downstream industries.
Espressif Systems (Shanghai) Co., Ltd.'s (SHSE:688018) Share Price Matching Investor Opinion
