Core Viewpoint - 康希通信 has decided to terminate its acquisition plan for芯中芯 due to "conditions not being mature" and will instead increase its stake to 37.77% by acquiring 35% of芯中芯's shares [1][2] Group 1: Acquisition Strategy - 康希通信 initially planned to acquire a controlling stake of 51% in芯中芯 to enhance its product offerings and extend its industry chain [1] - The decision to lower the acquisition stake to 35% was influenced by the need to assess芯中芯's business sustainability under new tariff conditions affecting its key customers in the European and American markets [1][2] Group 2: Business Performance and Future Plans - 康希通信 reported revenues of 5.23 billion yuan and 1.35 billion yuan for the full year of 2024 and the first quarter of 2025, respectively, marking year-on-year growth of 25.98% and 64.53% [2] - Despite the revenue growth,康希通信 has not yet achieved profitability due to high R&D investments and patent litigation costs [2] - The company aims to diversify its product lines and expand into downstream application markets, including investments in multiple enterprises in satellite, smart control, and overall solutions [2][3] Group 3: Market Opportunities - Through芯中芯,康希通信 can push its Wi-Fi front-end chips into consumer markets and leverage AI capabilities to build a comprehensive "chip + module + smart terminal" product system [3] - The company plans to expand its product lines to cover various IoT applications, including wireless routers, mobile devices, drones, and smart cockpit solutions, with mass production expected in 2025 [3]