UNIS(000938) 36氪·2025-04-29 07:13Core Insights - Unisoc is leveraging AI computing infrastructure to drive dual growth in government and enterprise markets as well as overseas expansion [1] Group 1: Financial Performance - In 2024, Unisoc's subsidiary, H3C, achieved domestic government and enterprise revenue of 44.239 billion yuan, a year-on-year increase of 10.96% [2] - Overseas revenue reached 2.916 billion yuan, growing by 32.44%, with significant growth in self-owned brand revenue [2] Group 2: Technological Advancements - Unisoc has developed the S12500AI series switches based on DDC architecture, supporting high-speed lossless computing cluster interconnection with a bandwidth utilization increase of 107% [2] - The company introduced G-Flow single-phase immersion cooling solutions and phase change immersion cooling technology, addressing the critical heat dissipation issues in high-density computing deployments [3] - The M9000-X firewall features 8 Tbps protection capability and 5 microseconds latency, with AI-driven security strategies improving threat assessment accuracy by 70% [3] Group 3: Market Applications - The DeepSeek model integration machine, LinSeer Cube, supports various applications including urban traffic prediction and government efficiency improvements [4] - The "Turing Town" model has been replicated in six cities, creating a complete closed loop from computing power construction to operational services [4] Group 4: Global Expansion - In 2024, Unisoc established five new overseas subsidiaries, increasing its total to 22, with a service network covering 181 countries and regions [5] - The company launched 147 customized products for international markets, achieving a 69.35% year-on-year increase in overseas self-owned brand revenue [5] - Unisoc's strategy includes a steady expansion approach, adding 874 overseas certified partners, enhancing channel density in emerging markets [5] Group 5: Strategic Outlook - Unisoc's 2024 report reflects a technology-driven evolution, balancing technological investment with commercial returns amid pressures from domestic substitution and global expansion [6] - The dual support of technological dividends and scale effects remains a significant advantage for the company in navigating market changes [6]