22 February 2026 | 4:54PM HKT Equity Research OmniVision (603501.SS) Diversifying product lines despite end demand pressures on rising memory costs; down to Neutral 603501.SS 12m Price Target: Rmb138.30 Price: Rmb115.82 Upside: 19.4% We are positive on OmniVision's leading position in the global CIS (CMOS image sensor) market, benefiting from the long-term product mix upgrade toward higher-end CIS and demand diversification with innovative applications such as AI/ AR glasses, drones, action cameras/ 360 cam ...