ThunderSoft(SZ:300496)2022-12-06 23:40Group 1: Company Overview - Founded in 2008, the company is one of the earliest developers of the Android operating system in China [3] - The management team comes from renowned companies such as NEC, Red Flag, ARM, Microsoft, NVIDIA, and Motorola [3] - The company has approximately 2,500 employees, with 90% being R&D personnel [3] Group 2: Business Segments and Revenue - The company operates in three main business areas: smartphones, automotive, and smart hardware [3] - In 2015, smartphone revenue accounted for about 85% of total revenue, with a consistent annual growth rate of around 30% over the past four years [3] - Revenue from smartphone chip manufacturers constitutes over 40%, while smartphone brand manufacturers account for about 50% [3] Group 3: Automotive and Smart Hardware - The automotive business primarily serves first-tier suppliers in Japan and China, with revenue in 2015 exceeding 20 million [3] - The revenue model includes R&D fees during the development phase and IP fees based on the car manufacturers' shipment volumes [3] - The smart hardware segment targets manufacturers and internet companies, focusing on software development and sales of smart brain modules [3] Group 4: R&D and Talent Management - The company plans to increase its workforce from approximately 2,500 to around 2,800 by the end of the year to meet R&D demands [4] - About 20% of employees hold company shares, with stock incentives provided to core staff [4] - The company maintains a competitive salary standard within the industry, complemented by attractive benefits [4] Group 5: Market Trends and Future Outlook - The company is transitioning from traditional smartphone business to emerging fields like automotive and IoT [5] - The expected growth driver for the current year is the drone market, with initial shipments of smart brain modules already delivered [5] - Successful sales of smart brain modules will indicate market acceptance of the new business model, reducing uncertainty in the company's development [5]