688653 Grand Kangxi Communication Technologies
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Grand Kangxi Communication Technologies News
Kangxi Communication (688653.SH): Currently, multiple non-linear products have passed the reference design certification of well-known chip manufacturers such as Qualcomm.
Kangxi communication (688653.SH) recently stated during investor research that the company is among the first in the industry to lay out nonlinear products and has a first-mover advantage. At present, several nonlinear products have passed the reference design certification of well-known main chip manufacturers such as Qualcomm, MediaTek, and Broadcom.
Kangxi Communication (688653.SH): significant year-on-year increase in R&D expenses in the first half of the year.
Kangxi Communication (688653.SH) recently stated during a visit with institutional investors that the company's R&D expenses in the first half of 2024 have increased significantly year-on-year, and the expected increase in R&D investment for the year is also significant compared to the same period last year. There are two main reasons for this: first, continuous investments in fundraising projects; second, strengthening cooperation with domestic suppliers to improve various aspects of the supply chain localization. The company is a professional RF front-end chip design enterprise, using the Fabless waferless mode, with wafer manufacturing, packaging, and testing all entrusted to specialized manufacturers. R&D companies are different from manufacturers.
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.
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.
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...
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.
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
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
Kangxi Communications (688653.SH): The ban on 3.834,200 restricted shares was lifted on May 17
Gelonghui, May 9丨Kangxi Communications (688653.SH) announced that the total number of shares in circulation during the current listing of the company is 3,834,152 shares. The current stock listing circulation date is May 17, 2024.
Kangxi Communications (688653.SH) announced first-quarter results with a net loss of 24.07 million yuan
Kangxi Communications (688653.SH) disclosed its report for the first quarter of 2024. The company achieved revenue of 822 during the reporting period...
Kangxi Communication Technologies (Shanghai) Co., Ltd. (SHSE:688653) Stocks Pounded By 31% But Not Lagging Industry On Growth Or Pricing
Kangxi Communications (688653.SH): No business dealings with Hytera
Gelonghui, April 12 | Kangxi Communications (688653.SH) said on the investor interactive platform that the company has no business dealings with Hytera yet.
Declining Stock and Decent Financials: Is The Market Wrong About Kangxi Communication Technologies (Shanghai) Co., Ltd. (SHSE:688653)?
Kangxi Communications (688653.SH): Shipments in 2023 will still be mainly Wi-Fi 5 and Wi-Fi 6
Gelonghui, March 12 | Kangxi Communications (688653.SH) recently said during a survey receiving institutional investors that shipments in 2023 will still be mainly Wi-Fi 5 and Wi-Fi 6; Wi-Fi 7 shipments are negligible and should mainly focus on 2024.
Kangxi Communications (688653.SH): PA, LNA, and SW in the product are all self-developed
Gelonghui, March 12 | Kangxi Communications (688653.SH) recently stated during a survey receiving institutional investors that the PA, LNA, and SW in the products were all self-developed. Its gross profit will change over time, but the company is committed to optimizing costs through design methods, improving supply chain management capabilities, etc., and continuously enhancing profit margins to cope with fierce competition in the market.
Kangxi Communications (688653.SH): In 2024, the proportion of WiFi7 sales revenue in total WiFi product sales revenue will increase
Gelonghui, March 12 | Kangxi Communications (688653.SH) recently said during a survey of institutional investors that according to the Global Professional Agency (TSR) forecast, the market penetration rate of the global WiFi7 standard in 2024 will be around 2.35%, but judging from the current sales forecast, the company's 2024 Wi-Fi 7 sales revenue will increase as a proportion of the total WiFi product sales revenue.
Kangxi Communications (688653.SH): The development of AI is not directly related to the company in terms of hardware circuits
Gelonghui, March 6 | Kangxi Communications (688653.SH) said on the investor interactive platform that our current mobile phone products mainly focus on RF front-end chips for mobile Wi-Fi, and the development of AI is not directly related to the company in terms of hardware circuits.
Kangxi Communications (688653.SH): 2024Q1 compared to 2023Q4, there was a certain increase in on-hand orders
Gelonghui March 6 丨 Kangxi Communications (688653.SH) Investor Relations Activity Record Sheet shows that judging from current orders, 2024Q1 has increased on a large scale compared to the same period last year. From a month-on-month perspective, since chip supply in the fourth quarter was a peak season, there was a certain increase in in-hand orders for 2024Q1 compared to 2023Q4.
Kangxi Communications (688653.SH): The company believes that the speed of Wi-Fi 7 replacing Wi-Fi 6 is increasing
Gelonghui March 6 丨 Kangxi Communications (688653.SH) Investor Relations Activity Record Sheet shows that according to the evolution of Wi-Fi protocols, the interval between the introduction of each new agreement and the old agreement is roughly 4-5 years. The change cycle for related products is also basically the same, but the company believes that the speed with which Wi-Fi 7 replaces Wi-Fi 6 is increasing.
Kangxi Communications (688653.SH): Mobile Wi-Fi has now been used in the products of mobile phone ODM manufacturers
Gelonghui, March 1 | Kangxi Communications (688653.SH) recently said during a survey receiving institutional investors that mobile Wi-Fi has now been used in the products of mobile phone ODM manufacturers. In 2024, the company aims to obtain certifications from more mobile phone manufacturers.
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