Rockchip Electronics (SHA:603893) forecasts a 116% to 127% rise in its attributable profit to between 760 million yuan and 800 million yuan in the first three quarters from 351.7 million yuan in the year-ago period, according to a Wednesday filing with the Shanghai bourse.
The company attributed the upbeat forecast to higher demand for artificial intelligence of things or AIoT products, the filing said.
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