Gigadevice Shares Surge Over 6% on Global Collaboration with Qt Group for Embedded GUI Solutions

Stock News06-24

Shares of Gigadevice (ASX: 03986) surged more than 6% in morning trading. At the time of writing, the stock was up 6.09% to HK$99.35, with a turnover of HK$1.626 billion.

The catalyst for the move is a newly announced global partnership. The company has formally entered into a collaboration with Qt Group, a leading global provider of software design, development, and quality solutions. The partnership will leverage Gigadevice's GD32H7 series of high-performance microcontrollers to jointly refine and optimize embedded graphical user interface (GUI) technology solutions. This initiative aims to enhance product competitiveness and foster a thriving developer ecosystem.

This collaboration signifies a new phase in Gigadevice's strategic expansion within the high-end human-machine interaction (HMI) sector. The two companies will engage in deep cooperation across three primary areas. First, they will complete deep-level adaptation and performance-specific tuning of Qt for MCUs on the GD32H7 platform to fully unlock the hardware's potential. Second, they will jointly develop standardized GUI reference solutions and toolchains for typical industry scenarios to lower development barriers and accelerate customer product deployment. Finally, by leveraging their respective channel resources, they plan to co-build an ecosystem through joint technical training, developer community engagement, and market promotion, providing customers with full-cycle technical support and development empowerment.

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