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Naxinwei: Multiple cockpit field chips are planned for mass production and release next year, with acquisitions targeting the autos electronics and broader energy sectors | Directly covering the earnings conference.
Naxin Micro announced that it will focus on cabin area layout next year, expecting to mass produce and release multiple cabin area chips. Naxin Micro director and board secretary Jiang Chaoshang stated that the company's future investment and mergers will continue to focus on the main businesses of auto electronics and general energy tracks.
citic sec: Four industry associations have spoken out, calling for the localization of chips, which has a significant guiding role in the direction.
On December 3, 2024, the four major industry associations of china's semiconductors/autos/internet/communication companies collectively issued a statement, firmly opposing the usa's export restrictions against china, stating that relevant chip products from the usa are no longer safe or reliable, and calling for the active use of chips produced by domestic and foreign enterprises in china.
Institutional Owners May Consider Drastic Measures as Suzhou Novosense Microelectronics Co., Ltd.'s (SHSE:688052) Recent CN¥629m Drop Adds to Long-term Losses
Revenues Not Telling The Story For Suzhou Novosense Microelectronics Co., Ltd. (SHSE:688052) After Shares Rise 26%
Product selling prices continue to be under pressure. Naxin Micro suffered a loss of 0.4 billion yuan in the first three quarters, and the company's important shareholder reduced their holdings.
①Naxin Micro stated that the company's losses were influenced by overall macroeconomic conditions and intensified market competition, with product prices under pressure and gross margin lower than the same period last year; ②Economist Song Qinghui pointed out that the substantial decrease in Naxin Micro's gross margin indicates challenges in cost control and product pricing, possibly due to rising raw material costs or intensified market competition.
Nanochip: Third Quarter 2024 Report
Investors Appear Satisfied With Suzhou Novosense Microelectronics Co., Ltd.'s (SHSE:688052) Prospects As Shares Rocket 29%
