LiDAR maker Seyond Holdings Ltd. (2665.HK) announced on Tuesday that it shipped about 271,100 LiDAR products in the second quarter of 2026, up 385% year-over-year and a quarter-over-quarter increase of 49%.
Shipments from its Falcon series during the quarter totaled about 77,800 units, up 55% year-over-year and 19% quarter-over-quarter. Shipments of its Robin series reached approximately 191,600 units, up 3,209% year-over-year and 66% quarter-over-quarter.
The company said that its LiDAR product shipments grew quickly as applications rapidly expanded into diverse scenarios such as robotics and physical AI.
Seyond’s shares opened higher on Tuesday and were trading at HK$3.22 by the midday break, up 5.23%. The stock is down nearly 67.7% from its IPO price since its listing last December.
By Lee Shih Ta
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