Integrated Technology Chip Adopted By Xiaomi Floor Sweeping Robot And Uav

Set  micro-network news, Quan Zhi Technology (300458) on March 20 in the  investor interaction platform, Xiaomi use the company's chips, mainly  used in millet cleaning robot and drone series products.

In  2017, Quanzhi Technology Company realized operating income of 1.201  billion yuan, a year-on-year decrease of 4.08%; net profit attributable  to shareholders of listed companies was 21.0685 million yuan, a  year-on-year decrease of 85.83%. Regarding the reasons for  the decline in revenue, Quanzhi Technology said that due to the  continued increase in the prices of storage devices and display screens,  the market demand for tablet PCs has been curbed and sales revenue has  decreased compared to the same period of last year. At the  same time, the company increased investment in research and development  of new products and technologies, optimized product structure, and  promoted the year-on-year growth in operating revenue of smart hardware  and vehicle-mounted product lines, partially offsetting the negative  impact of the decline in tablet PC product line revenue.