Ingenic(SZ:300223)2022-12-08 02:22Market Insights - The smart watch market has not yet experienced explosive growth despite significant interest over the past two years [2] - The introduction of Apple's smart watch is expected to accelerate market development, although risks remain [2] - Major manufacturers are entering the market, indicating potential opportunities for growth [2] Product and Sales Information - The company's chip products are priced under $10, with no sales forecasts provided for the future [3] - Sales of development platforms, which include various components for customer product development, amount to several hundred units [3] - The company is a partner in Tencent's TOS ecosystem, specifically for smart watch applications [3] Competitive Landscape - The company's chips are recognized for their low power consumption, which is a competitive advantage over Qualcomm's products [3] - The company has established an early presence in the smart wearable market, which is expected to yield positive results [3] Software and Connectivity - Software compatibility issues are more prevalent in tablets and smartphones, but the smart watch market is less affected due to the limited size of applications [3] - Connectivity between smart watches and smartphones is seamless via Bluetooth or Wi-Fi [4] Future Plans and Investments - The company is exploring acquisition opportunities within the industry but remains cautious [4] - New chip products targeting the smart home sector are expected to be launched in the second half of the year [4] - The smart home market is still in its early stages, with a shift from MCU to CPU chips anticipated as performance demands increase [4] Stakeholder Confidence - The management team and original shareholders maintain confidence in the company's future performance despite recent share reductions for personal financial needs [4] - The introduction of industrial fund policies is viewed positively for long-term industry development, although immediate impacts are not yet evident [4]