Zheng Quan Shi Bao Wang·2025-12-01 00:50Core Viewpoint - Yichip Communication has submitted an application for listing on the Hong Kong Stock Exchange, with CITIC Securities as the exclusive sponsor, highlighting its position as a leading provider of cellular communication chips globally [1] Group 1: Company Overview - Yichip Communication is recognized as a global leader in the cellular IoT chip market, with a product matrix that covers low, medium, and high wireless transmission speeds [1] - The company's chips are noted for their optimized balance of power consumption, performance, area, and cost (PPA), making them a cornerstone of the IoT ecosystem [1] Group 2: Market Position and Performance - According to a Frost & Sullivan report, Yichip Communication holds a leading position in the global cellular IoT chip market, with projected shipments of 26.3 million NB-IoT chips in 2024, capturing 38.4% of the global NB-IoT market [1] - The company is also a strong competitor in the Cat.1bis chip market, with expected shipments of 61.1 million units in 2024, representing 22.7% of the global market, making it the second-largest player in this segment [1]