BRIEF: Pateo sells remaining Avita stake for $8.78 million
Smart cockpit solutions provider Pateo Connect Technology (Shanghai) Corp. (2889.HK) announced last Friday that its non-wholly owned subsidiary, Huzhou Chuangsheng Chiming Equity Investment Partnership Enterprise, has agreed to sell its…
In ‘Warring States Era’ for smart cockpits, Megatronix bets on modular approach
After dropping its largest customer, the smart cockpit maker is trying to prove its superior profitability with a "Modularization + Multi-Domain Integration" strategy Key Takeaways: Megatronix has filed for a…
Pateo Connect revs up for IPO, belching widening losses and slumping margins
A mounting flow of red ink and external risks could turn off investors to one of China’s leading smart cockpit makers as it drives towards a Hong Kong listing Key…
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