Kangxi Communication (688653.SH): Product gross margin in the second quarter has returned to a historically high level.

On July 19, Glodon (688653.SH) announced that, during meetings with institutional investors, Comba Telecom expressed that the main growth points in the company's second quarter performance were as follows: 1. Rapid growth in revenue from Netcore Wi-Fi 7 products. 2. Product sales going as planned. Second quarter product gross profit has returned to levels historically higher than before.

Gelonghui FinanceJul 18 20:35 ET

Kangxi Communication (688653.SH): It is expected that R&D investment in the second half of the year will continue to maintain a high proportion of growth.

Kangxi Communication (688653.SH) recently stated during a reception for institutional investors that the company's R&D expenses in the first half of 2024 have increased significantly year-on-year, mainly due to the large increase in new product tape-out costs; it is expected that R&D investment in the second half of the year will still maintain a relatively high proportion of growth.

Gelonghui FinanceJul 18 20:35 ET

Kangxi Communication (688653.SH) is expected to have a Q2 revenue of 0.142 billion yuan, a 73% increase compared to the previous quarter.

Kangxi Communications (688653.SH) announced that the company is expected to achieve revenue in the second quarter of 2024...

Zhitong FinanceJul 14 05:29 ET

Kangxi Communication (688653.SH): Relevant new products will be pushed forward synchronously with the maturity of the car network market and domestic main chips.

On June 25, Gelonhui, it was stated on the investor interaction platform by Kangxi Communication (688653.SH) that the company's V2X product has formed sales revenue in 2023, mainly used in the field of intelligent cabins. According to the planned fundraising project, the vehicle networking product is one of our main research and development directions. Related new products will be promoted synchronously with the maturity of the car-to-cloud market and domestic main chips. Please pay attention to public information and the relevant announcements to be disclosed in the future regarding the progress of investment.

Gelonghui FinanceJun 25 05:21 ET

Kangxi Communication (688653.SH): will continue to develop technology in the C-V2X field.

Kangxi communication (688653.SH) stated on the investor interaction platform on June 20th that the integrated industry chain of vehicle-road cloud mainly covers in-car equipment, roadside infrastructure, cloud control platform and communication network. According to authoritative institutions, the market size of vehicle-road cloud integration is expected to reach more than 14 trillion yuan by 2030. The widespread convenience and safety advantages brought by wireless connectivity technology in and outside vehicles will benefit the public. The company is using core technology to transform applications in the field of vehicle networking radio frequency front end. By the end of 2023, the products which have been batched shipped are mainly used in the direction of intelligent cockpit. The company will not

Gelonghui FinanceJun 20 04:08 ET

Kangxi Communications (688653.SH): Sales revenue is expected to increase in 2024 as the penetration rate of Wi-Fi 7 products increases

Gelonghui, May 20 | Kangxi Communications (688653.SH) said on the investor interactive platform, 1. As of today, the company has not received official lawsuit documents from the US judicial authorities. At present, the company has actively organized domestic and foreign professional teams to fully evaluate this lawsuit, and is determined and confident that this lawsuit will be carried out to the end and eventually won; the company will promptly disclose specific developments. 2. Patent litigation is a common problem faced by Chinese companies going overseas. According to the principle that patents are territorial, lawsuits involving the US will not affect product sales in countries and regions other than the US. During the lawsuit, the company and owner will not be affected

Gelonghui FinanceMay 20 05:35 ET