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Black Sesame Reports Soaring Revenue, Expands SoC Line

Black Sesame Reports Soaring Revenue, Expands SoC Line

Black Sesame International Holding Limited (HK:2533) has released an update.

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Black Sesame International Holding Limited has reported a substantial increase in revenue by 69.2% for the first half of 2024, compared to the same period last year, driven by advancements in autonomous driving and intelligent vehicle solutions. The company’s Huashan A1000 chip achieved mass production, supporting L2 to L3 autonomous driving functions, and was installed in various vehicle models, boosting commercialization efforts. Additionally, the launch of the Wudang C1200 series chips aims to integrate driving and cockpit solutions, promising cost reductions and efficiency improvements.

For further insights into HK:2533 stock, check out TipRanks’ Stock Analysis page.

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