688653 Grand Kangxi Communication Technologies
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Grand Kangxi Communication Technologies News
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 was sued for patent infringement in the US, and the company responded: an emergency response team has been set up and a response plan is in place.
Kangxi Communications was sued for patent infringement in the US, and the company responded: an emergency response team has been set up and a response plan is in place.
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.
Express News | Science and Technology Innovation Board Review: The pharmaceutical sector is active throughout the day, and aerospace concept stocks have declined
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 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.
Express News | Kangxi Communications: The company's Wi-Fi 7 and overseas orders performed more prominently
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.
Kangxi Communications (688653.SH): The size of the company's exports to overseas markets is expected to increase significantly in 2024
GLONGHUI, Feb. 26 | Kangxi Communications (688653.SH) said on the investor interactive platform that French Free was one of the first operators to launch Wi-Fi 7 services and purchased the company's Wi-Fi 7 products to be applied to their home internet devices. The size of the company's exports to overseas markets is expected to increase significantly in 2024.
Kangxi Communications (688653.SH): Currently, the main cooperating foundry companies in mainland China are San'an, Huahong, etc.
Gelonghui, Feb. 26 | Kangxi Communications (688653.SH) recently said during a survey reception from institutional investors that currently the main cooperating foundry companies in mainland China are San'an, Huahong, etc., and is actively seeking other manufacturers with potential for cooperation. The company has basically completed the process of localizing the supply chain and expects to achieve higher reliability and consistency requirements through continuous run-in.
Kangxi Communications (688653.SH): The company began developing Wi-Fi 7 products in 2021
Gelonghui, Feb. 26 | Kangxi Communications (688653.SH) recently said during a survey receiving institutional investors that the company has been developing Wi-Fi 7 products since 2021, started early and has entered the reference designs of many mainstream international SoC manufacturers, and can fully go overseas and PK with overseas manufacturers. This part of the market is also our number one advantage; the second major advantage is that we have basically completed the task of building a domestic supply chain, fully capable of providing higher ratio products to the domestic market; third, the company already has a personality at home and abroad The market has established its own brand and customers
Kangxi Communications (688653.SH): B-customer purchases are expected to return to 2022 levels in 2024
Gelonghui, Feb. 26 | Kangxi Communications (688653.SH) recently said during a survey of institutional investors that the company had sales of about 200 million for B customers in 2021 and 2022; however, sales revenue fell by about 30% in 2023 due to the customer's own inventory removal; this situation will improve in 2024, mainly due to the launch of the Wi-Fi 7 protocol and the recovery of operator collection. Based on current orders and sales forecasts, customer B's purchase volume is expected to return to 2022 levels in 2024.
Express News | Kangxi Communications: The company's Wi-Fi 7 RF front-end chip has entered Qualcomm and MediaTek SoC platforms
Express News | Kangxi Communications: The company has now entered the reference design of many well-known SoC main chip manufacturers
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