China’s leading automotive electronics supplier Desay SV celebrated a substantial surge in its semiannual revenue and profit in the first half of 2022, the company announced on August 18th.
Main productsIntelligent Cockpit Intelligent Interaction System: Central Control Host, Infotainment System Intelligent Display System: Head-Up Display (HUD), Augmented Reality Head-Up Display (AR-HUD), Instrument Cluster Display, Liquid Crystal Instrument Cluster, Electronic Rearview Mirror Intelligent Domain Control Platform: Intelligent Driving Domain Controller, Cockpit Domain Controller, Body Domain Controller Intelligent Driving Intelligent Driving Computing System: Integrated Driving and Parking Domain Controller, DMS Integration Intelligent Driving Sensors: Camera, Millimeter-Wave Radar, Ultrasonic Radar, LiDAR, Smart Antenna Intelligent Transportation System Connectivity Services Ecosystem Software: Blue Whale Ecosystem Basic Software: Vehicle OTA System, Ethernet Protocol Stack, System-Level Middleware, Cybersecurity Services, AI Algorithms Smart Access: Digital Key UWB+BLE+NFC Hardware, RF Design, Cybersecurity, Cloud Management Platform, Mobile SDK More Air Conditioning Control Panel, Telematics Box (T-Box), Wireless Phone Charger, USB Module/Charger
Main productsNew Energy Vehicles Module Products: DC Fast Charging Modules, Energy Storage and Charging Modules, On-board Power Modules Monitoring Products: Charging Control Modules, Charging Cloud Platform System Products: Standard DC EV Chargers, Split-type Charging Systems, Fully Liquid-cooled Supercharging Systems, AC EV Chargers, V2G EV Chargers
Beijing (Gasgoo)- China’s leading automotive electronics supplier Desay SV celebrated a substantial surge in its revenue and profit in the first half of 2022, the company announced on August 18th.
Photo credit: Desay SV
In the first six months of 2022, the company brought in 6.407 billion yuan ($941 million) in revenue, representing a 56.93% hike year on year. Despite the industry-wide challenges of the coronavirus, chip supply crunch, and raw material price increase, Desay SV’s net profit attributable to shareholders amounted to 521 million yuan ($76.5 million), jumping 40.96% over a year ago.
Desay SV attributed the blooming numbers to the continuous growth in its intelligent driving and smart cockpit business operations. In the report period, the company’s smart cockpit, intelligent driving, and automotive connectivity service sectors realized a respective revenue of 5.244 billion yuan ($770 million), 863 million yuan ($127 million), and 300 million yuan ($44 million), surging 57.11%, 51.17%, and 72.47% year over year.
Moreover, the gross profit margin of its intelligent driving business reached 23.16% in the Jan.-Jun. period.
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