1. How did the company’s performance in the second quarter fare, and what were the main growth drivers?
Answer: The AIoT sector is thriving across various industries, and the growth trend is long-term. The company’s Q2 performance continued the previous operational situation, with flagship chips and new products leading other series in rapid growth across all AIoT product lines, especially in long-term strategic areas such as automotive, industrial control, machine vision, and various types of robots. Emerging products related to AI are continuously appearing, providing the company with more opportunities.
2. How is the market demand expected to change in the second half of the year, and will the trends from the third quarter continue?
Answer: The overall upward development trend of AIoT is ongoing. The company’s flagship chips maintain rapid growth, and new products continue to ramp up production; we expect to maintain growth in the second half of the year.
3. According to estimates, the company’s net profit margin has significantly improved in the second quarter. What are the main reasons?
Answer: The improvement in net profit margin is mainly due to the expansion of the company’s revenue and the enhancement of scale effects.
4. What is the progress of the company’s co-processor, and what application scenarios is it mainly targeting?
Answer: The company officially launched the edge computing co-processor RK182X at the 9th Rockchip Developer Conference on July 17. The RK182X features high computing power and bandwidth, can be used in conjunction with the main control chip, and efficiently supports the deployment of mainstream large models such as 3B and 7B on the edge. It mainly targets application scenarios such as automotive cockpits, smart homes, education, office and conference, robots, security, edge gateways, and industrial intelligent manufacturing.
As domestic and international large models become open-source and the density of model capabilities continues to improve, the conditions for deploying large models on the AIoT edge are maturing, leading to a new wave of product updates across various industries.
5. What is the development progress of the next-generation flagship chip? How much will its performance improve compared to the current one?
Answer: The company is currently focusing on the development of the next-generation advanced process flagship chip RK3688 and the next flagship chip RK3668. The CPU of the next-generation flagship chip is expected to reach 300K DMPIS, the GPU will reach 2TFLOPS, and it will have a built-in NPU with 32TOPs (subsequent definitions may adapt to market changes). Overall performance will significantly improve compared to RK3588, catering to application scenarios with higher processing performance requirements in AIoT, such as intelligent cockpit vehicle systems, high-performance computing at edge terminals, various types of robots’ brain computations, and ARM-based PC mobile computing.
6. Is there still a shortage of the RV series?
Answer: The company launched the new generation 4K vision chip RV1126B of the RV series (machine vision chip) in early May, which has a strong computing power of 3T and can run large language models and multimodal models with a scale of up to 2B. It has undergone upgrades in core technologies such as AI-ISP, AOV3.0, super encoding, and digital stabilization. This product has started mass supply, alleviating the previous supply tightness of some RV series product numbers. With the release of RV1126B, the company has formed a product matrix of vision chips covering computing power from 0.5T to 6T, meeting the differentiated needs from entry-level to high-end industrial vision systems.
7. What new developments does the company have in the automotive sector?
Answer: The company currently has six major directions in automotive electronics, including intelligent cockpits, edge co-processors, in-vehicle audio, fully LCD instruments, in-vehicle vision, and interface chips. The company’s automotive solutions are widely used in passenger and commercial vehicles, already in mass production in hundreds of models, and gradually expanding the depth of service to Tier 1 and IDH. Rockchip will continue to focus on building a new ecosystem for the automotive supply chain, working with customers and ecosystem partners to promote the rapid development of the smart automotive industry.
8. How does the company view the development prospects in the robotics field? Have you seen a significant increase in customer order demand?
Answer: The robotics category is diverse, with rich application scenarios and broad market prospects. We believe it will maintain rapid development in the coming years. The company already has SoC chips and related supporting chips applied in various forms of robotic products, collaborating with many leading customers in various robotic scenarios, such as industrial robots, service robots, agricultural robots, warehouse logistics robots, and household-related products like weeding/snow removal robots, companion robots, entertainment robots, quadruped robots (robot dogs), and humanoid robots. The company’s newly launched co-processor chips will also be focused on applications in robotic products, enabling multimodal perception, reasoning and decision-making, and task planning, making various robots smarter and more specialized.