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Can Mixed Fundamentals Have A Negative Impact on Bestechnic (Shanghai) Co., Ltd. (SHSE:688608) Current Share Price Momentum?
Bestechnic (shanghai) co., ltd. (688608.SH): Currently not used in Sony PS5.
GLEECON September 26th, bestechnic (shanghai) co., ltd. (688608.SH) stated on the interactive platform that the company's chip products are widely used in various low-power smart terminals in the smart wearable and smart home fields, but not currently applied to Sony PS5.
Is Bestechnic (Shanghai) (SHSE:688608) A Risky Investment?
Huajin Securities: ByteDance's acquisition of Oladance may enter the AI glasses track.
The demand for smart wearable devices and the rise of generative artificial intelligence models are pushing AI audio glasses into a wider market.
Huaan Securities: The VR market is returning to a positive growth track. Optical devices and displays are the core elements of future AR.
It is expected that the global sales volume will reach 7.97 million units in 2024, with a 6% increase compared to 2023. The VR market in 2024 will reverse the sales decline trend of the past two years, returning to a positive growth trajectory. However, the VR industry will still be in a period of low sales in the next two years.
Earnings Miss: Bestechnic (Shanghai) Co., Ltd. Missed EPS By 39% And Analysts Are Revising Their Forecasts
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