FIBOCOM Shares Surge Over 5% on Strategic Moves in Edge AI, Robotics, and Smart Vehicles

Stock News
05/13

FIBOCOM (00638) rose more than 5%. As of press time, the stock was up 5.17% to HK$12, with a turnover of HK$37.8328 million. On the news front, the company recently announced the completion of a strategic investment in Rokid (Hangzhou) Technology Co., Ltd. Last October, FIBOCOM entered into a strategic partnership with leading AR glasses technology company XREAL to accelerate innovation and the large-scale adoption of AR+AI consumer ecosystems. Notably, it was previously reported that Project Aura, co-developed by XREAL and Google, is the world's first consumer-grade AR glasses product equipped with the Android XR platform and Gemini AI, scheduled for market launch in 2026. Guojin Securities believes the company's forward-looking strategic focus on edge AI, robotics, and smart vehicles opens up significant growth potential. In the edge AI domain, the company's Fibocom AIStack technology platform has been upgraded to version 2.0, now supporting chip platforms from Qualcomm, Axera, and MediaTek, with added compatibility for multiple mainstream cutting-edge models to enhance usability. Concurrently, the company plans to launch the Fibocom AICloud platform, enabling connections to mainstream large language models and intelligent agent platforms. In the field of embodied intelligence, the company's Fibot project, developed based on Qualcomm's high-performance computing platform, has established a strategic partnership with a globally leading embodied intelligent robotics company.

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