Q Technology’s August camera module sales tumble on weak smartphone demand
Camera module maker Q Technology (Group) Co. Ltd. (1478.HK) announced on Thursday that sales of its camera modules for mobile products fell 14.9% year-on-year to 37.85 million units in August.…
BRIEF: Sunmi Technology shares leap in Hong Kong trading debut
Shares of business IoT solutions provider Shanghai Sunmi Technology Co. Ltd. (6810.HK) more than tripled in their Hong Kong trading debut on Wednesday, following an even stronger debut for another…
Cosmoplat asserts independence from parent Haier with Hong Kong IPO
The provider of industrial intelligence products relies on its well-known parent for more than half of its revenue, but the amount has been falling steadily Key Takeaways: Cosmoplat IoT Technology…
Tuya accelerates AI strategy with 93% of shipped products featuring full AI integration
The global cloud platform service provider is taking extensive steps to incorporate AI into tools for its developers and the hardware and apps they create Key Takeaways: Tuya said about…
BRIEF: Tuya swings to profit as premium client base expands
Internet of things (IoT) platform operator Tuya Inc. (TUYA.US; 2391.HK) reportedon Tuesday its revenue rose 21.1% year-on-year in the first quarter to $74.7 million. Its gross margin improved by 0.7…
BRIEF: Tuya revenue rises 33.6%, brings in new strategic investor
IoT cloud-based platform Tuya Inc. (TUYA.US; 2391.HK) said on Monday its revenue rose 33.6% year-over-year in the third quarter to $81.6 million, crediting growth in its IoT PaaS and smart…
Tuya’s losses narrow, but stock still looks pricey
The internet of things services provider’s gross margin hit a record high last quarter and its loss narrowed on strong performance for its platform as a service business Key Takeaways:…
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