MeiG(SZ:002881)2023-04-27 08:08Group 1: Financial Performance - The company reported a strong shipment volume for automotive-related products in 2022 and Q1 2023, with a maintained high gross margin despite a decrease in product prices due to increased shipment quantities [4][5]. - R&D expenses increased by nearly 20 million in Q1 2023 compared to the previous year, primarily due to an increase in the number of R&D personnel and overall salary levels [6]. Group 2: Market Expansion - The company is expanding its presence in overseas markets, particularly in North America, Japan, and Europe, with significant investments over the past three years [5][6]. - The company has established a strong customer base in core overseas markets, which is expected to enhance its market share as demand for FWA (Fixed Wireless Access) products increases [5][6]. Group 3: Product Development - The company has launched a comprehensive range of AI computing modules, with capabilities ranging from 1.2T to nearly 50T, and is actively engaging in research related to AI applications [6]. - The company is focusing on customized services for specific applications, such as digital humans, leveraging its computing modules to meet specialized demands [6]. Group 4: Industry Trends - The overall demand from domestic IoT customers in Q1 2023 was below expectations, attributed to a slow recovery across various industries [5]. - The transition from 4G to 5G is expected to increase market capacity, despite potential macroeconomic impacts on overseas FWA demand [5].