According to recent reports, FIBOCOM (00638) saw a rebound of nearly 7%, peaking at HKD 18.85 during trading, although it remains over 12% below its IPO price. As of the latest update, the stock is up 4.7%, trading at HKD 18.49, with a transaction volume of HKD 81.759 million.

According to Frost & Sullivan, FIBOCOM is the second largest wireless communication module provider globally, holding a 15.4% market share based on revenue from ongoing operations in 2024. The company leads in market share across several downstream application scenarios within the global wireless communication module market. For instance, in the smart home and consumer electronics sectors (such as tablets and laptops), FIBOCOM holds the top global market share, especially in consumer electronics with an impressive 75.9% share. In the automotive electronics market, the company ranks second globally, primarily due to the surge in demand for high-reliability modules in the new energy vehicle sector.

Haitong International previously highlighted that the company’s AI edge deployment has begun transitioning into industrial applications. FIBOCOM has independently developed and launched the Fibocom AIStack technology platform, enabling efficient inference for mainstream models across various chip platforms, and has introduced diverse solutions including cameras, toys, trackers, and MiFi devices. Additionally, the mowing robot solution has entered mass production, and the newly released RTK vision fusion positioning solution has formed partnerships with leading companies in the legged robot sector. This year, FIBOCOM plans to go public in Hong Kong, with the funds raised earmarked for further investments in AI modules and robotics, accelerating its industrial layout.