Group 1: Company Overview - Kangxi Communication is actively involved in the Wi-Fi7 market, positioning itself as a key player among international competitors [2][3] - The company has successfully passed Wi-Fi7 reference designs from Qualcomm and MediaTek [3] - As of 2023, Kangxi's sales in the Wi-Fi networking market account for approximately 20% of the domestic market by revenue [4] Group 2: Product Development and Market Strategy - The company anticipates that Wi-Fi7 will significantly contribute to its performance starting in the second half of 2024 [3] - Kangxi aims to achieve a market share of 40%-50% in the domestic Wi-Fi market within three years [5] - The company is focusing on expanding its IoT market share to 10% or more of total revenue [4] Group 3: Financial Projections and R&D Investment - Wi-Fi7 products are expected to have a price point 1.5-2 times that of Wi-Fi6, leading to improved gross margins [5] - R&D personnel constitute over 50% of the workforce, with R&D expenses increasing by approximately 20% in 2023 compared to 2022 [6] - The company is currently shipping Wi-Fi7 products at a scale of hundreds of thousands, with expectations to reach the KK level soon [6]
康希通信(688653) - 投资者关系活动记录表（2023年12月20日、12月21日）