纵观人形机器人的组成和底层技术，ADI中国区工业市场总监蔡振宇认为，从某种程度看，人形机 器人其实非常类似站起来的汽车。 如果您希望可以时常见面，欢迎标星收藏哦~ "人形机器人需要有感知系统去感知周围的环境状况，需要高算力芯片去计算和判断，也需要执行 器去执行相关命令。此外，人形机器人还需要减轻自身的重量，做好电源的管理以达到更长的续 航，这无一不与当前的智能汽车高度相似。"蔡振宇表示。他指出，如果要从人形机器人中找到一 些和汽车的不同点，除了形态和对器件的可靠性要求外，还有就是在执行上的不同。 在宇树机器人在今年的春节晚会上表演了一段"扭秧歌"之后，低调发展多年的人形机器人彻底火 了。 我们知道，汽车执行的操作可以总结为三个：加速、减速和转向。而对于人形机器人，除了需要具 备上述功能以外，还要考虑到"手"的问题。作为人类功能最强大的部位，拥有五个手指的手除了能 灵活抓取不同的物品外。针对不同的物品，手还能通过使用不同的力度，以保证所抓取的物品完好 无损。 其实机器人并不是什么新鲜事物，过去多年里也已经有形形式式的产品出现在工厂、酒店、公共服 务场所甚至个人家庭中。不过，和过往的大多数机器人不一样，这次引爆讨 ...

如果您希望可以时常见面，欢迎标星收藏哦~ 因为智能汽车的崛起，过去几年Serdes芯片市场关注度飞升。 根据盖世汽车研究院经分析预测，至2023年全球车载SerDes芯片市场规模就将达到数十亿美元， 未来十年，这一市场将朝着百亿美元规模高速发展。这其中，基于中国智能驾驶发展现况及潜力， 有望占四成。 然而在这巨大的机遇背后，SerDes芯片存在一些固有的格局。例如迄今，这个市场主要是由ADI 和TI两家模拟芯片供应商把持，他们分别利用GMSL和FPD-Link的先发优势统领了市场。由于这 两家厂商的协议都是私有的，这就让其他想插足这个市场的厂商各出奇招。 但随着GMSL官宣开源以后，SerDes市场一夜生变。 SerDes，双王争霸 如上所述，SerDes是一个双王争霸的市场。当中，FPD-Link（Flat Panel Display Link）是由美 国国家半导体公司（现隶属于德州仪器）于 1996 年创建的原始高速数字视频接口。FPD-Link 是 低压差分信号(LVDS) 标准的首个大规模应用。美国国家半导体公司立即为 FPD-Link 技术提供了 互 操 作 性 规 范 ， 以 推 广 其 作 为 ...

Financial Data and Key Metrics Changes - The company experienced a significant revenue decline of over 30% from peak to trough, yet managed to maintain operating margins above 40% during this period, demonstrating resilience in its business model [21][23][27] - Gross margins were reported in the high sixties, with expectations to improve as the company moves into future years [13][16][27] Business Line Data and Key Metrics Changes - The industrial business, which constituted 53% of overall business in 2023, saw a decline to 44%, impacting overall margins [23] - The consumer business has shown strong growth, increasing by 30% over three consecutive quarters, contributing to an expected $500 million in incremental revenue for 2025 [42][43] Market Data and Key Metrics Changes - China revenue is approximately 20% of total revenue, with a noted recovery in demand across various end markets, particularly in automotive [74][78] - The company reported strong demand signals with book-to-bill ratios above one in nearly all geographies and end markets, indicating a positive outlook [81] Company Strategy and Development Direction - The company is focusing on high-value applications and has a hybrid manufacturing strategy that allows flexibility in production, which has been crucial during downturns [3][7][18] - There is a strong emphasis on innovation and maintaining a competitive edge through R&D investment, which is currently around 17% of revenue [100][102] Management's Comments on Operating Environment and Future Outlook - Management expressed increased confidence in achieving growth targets for 2025, driven by a recovery in industrial markets and strong performance in automotive and consumer sectors [47][51] - The company is closely monitoring macroeconomic factors, including potential demand disruptions due to tariffs, but has not yet seen significant impacts [68][70] Other Important Information - The company has diversified its manufacturing footprint globally, with significant operations in the US, Ireland, and Asia, which is critical for navigating geopolitical shifts [73][75] - The company is actively investing in AI capabilities, both for internal processes and product development, to enhance its competitive position [104] Q&A Session Summary Question: What are the drivers behind the company's growth targets? - The company expects growth from stable pricing, revenue synergies from acquisitions, and participation in industry tailwinds such as automation and electrification [36][37][38] Question: How does the company view the competitive environment in China? - The company acknowledges the competitive pressures in China but believes its focus on high-performance products and system value provides a buffer against pricing pressures [82][84] Question: What is the company's strategy regarding manufacturing capacity in the US? - Currently, the company does not plan to build additional fab capacity in the near term, feeling confident in its existing manufacturing footprint [95][96]

Analog Devices (ADI) Q1 2025 Earnings Call February 19, 2025 10:00 AM ET Company Participants Michael Lucarelli - VP, IRVincent Roche - CEO & Chair of the Board of DirectorsRichard Puccio - Executive VP & CFOVivek Arya - Managing DirectorTore Svanberg - Managing DirectorJoshua Buchalter - Director - Equity Research Conference Call Participants Joseph Moore - AnalystChristopher Danely - AnalystChristopher Rolland - Senior Equity AnalystHarsh Kumar - Managing Director & Senior Research Analyst Operator Good m ...