移芯通信递表港交所

Core Viewpoint - Shanghai Yixin Communication Technology Co., Ltd. (Yixin Communication) has submitted an application to list on the Hong Kong Stock Exchange, aiming to leverage its leading position in the global cellular communication chip market, particularly in the IoT sector [1][2]. Group 1: Company Overview - Yixin Communication is a global leader in cellular communication chips, providing highly optimized engines that enable devices to communicate via cellular LTE/5G networks [1]. - The company's chip product matrix covers low, medium, and high wireless transmission speed domains, offering a unique advantage in optimizing the balance of power, performance, area, and cost (PPA) [1]. - Yixin Communication's chips form the foundation of the IoT ecosystem, facilitating seamless data exchange for smart meters, vehicles, and industrial equipment [1]. Group 2: Market Position - According to a report by Frost & Sullivan, Yixin Communication holds a leading position in the global cellular IoT chip market, with NB-IoT chip shipments expected to reach 26.3 million units in 2024, accounting for 38.4% of the global NB-IoT market [2]. - In addition to its leadership in the NB-IoT sector, Yixin Communication is a strong competitor in the Cat.1bis chip market, further solidifying its industry position [2]. - The company's Cat.1bis chip shipments are projected to reach 61.1 million units in 2024, representing 22.7% of the global Cat.1bis market, making it the second-largest player in this segment [2].