FIBOCOM Surges Over 14% in Early Trading After Strategic Partnership with RoboAI

Deep News12-01

FIBOCOM (00638) saw its shares rise by 13.82% at the market open, currently trading at HKD 18.78 with a turnover of HKD 149 million.

In June this year, FIBOCOM announced a strategic collaboration with RoboAI, stating it would empower the latter's AI-driven trendy toy brand, Fuzozo.

Shenwan Hongyuan previously noted that, according to FIBOCOM's official announcements and public statements, the company partnered with leading AR glasses manufacturer XREAL in October. As an ODM solutions provider, FIBOCOM will enable AR glasses to efficiently process AI tasks locally, such as voice recognition and image analysis.

The company continues to advance its "communication + computing" strategy, launching the "Nebula Series" of 1-50T full-matrix AI modules and solutions tailored for various edge-side large model applications. Its AIStack platform promotes large-scale commercial adoption of edge AI, widely applied in machine vision scenarios. FIBOCOM has introduced solutions like AI infrared cameras, smart cockpits, AI glasses, and AI toys, positioning itself to benefit from growing demand for high-performance edge computing hardware in AI applications.

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