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Espressif Systems (Shanghai) Co., Ltd.'s (SHSE:688018) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Huafu Securities: The wave of AI smart glasses has led to AI headphones opening a new interactive entry.
AI technology is profoundly changing the operation mode of headphones, with predictions that the e-commerce market sales of AI headphones in China will likely exceed 200,000 units in 2024, with a year-on-year growth expected to reach 488.7%.
Espressif Systems (688018.SH): It can connect to Baidu's Wenxin Yiyan and also to other open API large models.
On December 13th, 2023, Espressif Systems (688018.SH) stated on the investor interaction platform that as an Internet of Things technology ecosystem company, it can connect to Baidu's Wenxin Yiyan and can also connect to other open API large models.
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%.