21 August 2025 | 6:04PM HKT Desay SV (002920.SZ): Smart driving in expansion with more diversified customers; 2Q25 in line; Neutral We are positive on Desay SV's continuous product mix upgrade and diversifying customers: (1) smart driving toward high-end domain controllers, and smart cockpit also toward domain controllers from legacy business (e.g. infotainment system, digital dashboard, etc.); (2) diversifying customer base with rising overseas car OEMs (e.g. Japan, Europe); and (3) integrated solutions ac ...

Group 1 - The successful development of a 6mm thick rare earth permanent magnet motor marks a significant advancement in China's high-end rare earth permanent magnet motor research and industrialization, opening new avenues for global competition [2] - The "Xingchen No. 1" chip, developed by Hubei Chipking Technology Co., is set for large-scale deployment in vehicles next year, filling a gap in domestic high-performance smart driving chips and has already attracted attention from major automotive manufacturers [2] - Samsung has decided to extend the production of DDR4 1z DRAM until December 2026, reversing its previous plan to cease production this year, which indicates a strategic shift in its product lifecycle management [2] - LG CNS will build its first overseas artificial intelligence data center in Jakarta, Indonesia, with an investment of 100 billion KRW (approximately 72 million USD), marking a significant step for Korean companies in the AI sector [2]