Horizon Robotics
HKEX:9660
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Horizon Robotics
Effect of Foreign Exchange Rates
Horizon Robotics
Effect of Foreign Exchange Rates Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Effect of Foreign Exchange Rates | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
H
|
Horizon Robotics
HKEX:9660
|
Effect of Foreign Exchange Rates
-ÂĄ56.1m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
SenseTime Group Inc
HKEX:20
|
Effect of Foreign Exchange Rates
ÂĄ28.2m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
-1%
|
||
S
|
Shanghai Baosight Software Co Ltd
SSE:600845
|
Effect of Foreign Exchange Rates
-ÂĄ23.8m
|
CAGR 3-Years
-50%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
-40%
|
|
Beijing Kingsoft Office Software Inc
SSE:688111
|
Effect of Foreign Exchange Rates
-ÂĄ2m
|
CAGR 3-Years
28%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
Hundsun Technologies Inc
SSE:600570
|
Effect of Foreign Exchange Rates
-ÂĄ11.9m
|
CAGR 3-Years
-20%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
-37%
|
||
i
|
iFLYTEK Co Ltd
SZSE:002230
|
Effect of Foreign Exchange Rates
ÂĄ1.8m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
-22%
|
CAGR 10-Years
N/A
|
Horizon Robotics
Glance View
In the expansive realm of artificial intelligence and autonomous driving technology, Horizon Robotics has carved a unique niche, transcending typical industry preconceptions. Founded in 2015 by Yu Kai, a former executive at Baidu, the company was born out of a vision to revolutionize in-vehicle computing power. Horizon Robotics develops energy-efficient AI chips specifically designed for smart vehicles, enabling self-driving capabilities and enhanced onboard intelligence. Their proprietary Brain Processing Unit (BPU) architecture forms the core of their products, seamlessly integrating advanced algorithms with edge computing. At the heart of their innovation is Journey, a series of powerful AI processors tailored to meet the demanding requirements of autonomous navigation, object detection, and decision-making processes within vehicles. Horizon Robotics' journey in monetizing its cutting-edge technology is multi-faceted. It primarily generates revenue through direct sales and strategic partnerships with automotive manufacturers and Tier 1 suppliers. By embedding its AI solutions into the vehicle ecosystems, the company not only enhances vehicle safety and performance but also offers scalable solutions that can drive the future of mobility. Its collaborative approach is evident in its alliances with leading automotive brands in China and beyond, enabling carmakers to build vehicles that are smarter and more intuitive. Such partnerships help in creating a robust ecosystem around their chips, ensuring a steady stream of revenue while positioning Horizon Robotics as a formidable player in the global race toward autonomous driving.
See Also
What is Horizon Robotics's Effect of Foreign Exchange Rates?
Effect of Foreign Exchange Rates
-56.1m
CNY
Based on the financial report for Dec 31, 2023, Horizon Robotics's Effect of Foreign Exchange Rates amounts to -56.1m CNY.