对此，公司董事长、总经理（首席执行官） Hui Deng（邓晖）在业绩会上首先表明：On VisDrive products, the company promotes the shipment and penetration of driver monitoring systems, 360-degree surround view, and more models. New features include enhanced image quality, health detection, and rapid coverage of designated demands for existing models and new models. In the third quarter, the PSAI product business has initiated customized cooperation with brands mainly focused on outdoor and sportswear.
On November 12th, as reported by Star Market Daily, Arcsoft Corporation held the 2024 third-quarter earnings conference.
Arcsoft Corporation achieved revenue of 0.574 billion yuan in the first three quarters, a year-on-year increase of 14.09%; net income attributable to shareholders was 88.2907 million yuan, a year-on-year increase of 8.12%. However, profit in the third quarter decreased by 15.14% year-on-year, with revenue also declining from the second quarter.
In response, the Chairman and CEO, Hui Deng, stated at the earnings conference: 'The company's Q3 quarterly revenue was mainly affected by phone product deliveries, but the operating conditions in Q3 compared to the previous quarter will not be the norm.'
Looking at the revenue composition of the company in the first three quarters, revenue from mobile intelligent terminal visual solutions reached 0.485 billion yuan, a 6.54% increase year-on-year; revenue from intelligent driving and other IoT intelligent device visual solutions reached 79.6801 million yuan, a significant 108.32% year-on-year growth.
It is evident that the company's intelligent driving-related business is growing rapidly. Regarding the latest R&D progress, Hui Deng mentioned to Star Market Daily reporters at the earnings conference: 'On VisDrive products, in the third quarter of 2024, the company continues to focus on cabin and exterior market customers, expand the range of covered models, increase market share domestically, and actively expand overseas business.'
Specifically, Arcsoft Corporation is advancing the shipment and penetration of driver monitoring systems, passenger monitoring systems, 360-degree surround view, sentinels, gestures, night vision, intelligent tailgate, and more functions, covering more models. New features include enhanced image quality, health detection, and rapid coverage of designated demands for existing models and new models.
In terms of WestLake products, as introduced by Hui Deng, Arcsoft Corporation has completed the development and deployment of advanced environmental perception systems such as high-speed NOA without high-precision maps, memory driving, memory parking, and external ADAS intelligent driving assistance systems. These products can meet the L2+ level intelligent driving requirements and have collaborated with Qualcomm's new generation intelligent chip platform for release.
Looking ahead, arcsoft corporation revealed that the company has developed a variety of core visual technologies, including core SLAM technology, which can be used for AR and siasun robot&automation positioning navigation, asia vets measurement solutions, 3D modeling solutions, and more.
Regarding PSAI products, Hui Deng mentioned to reporters at the earnings conference: "The company is refining PSAI core features such as AI intelligent dressing trials, real-person/mannequin image swapping, background swapping, and video generation, providing customers with more natural and realistic details and patterns of outfits. In the third quarter, the PSAI product business has been in contact with outdoor and sportswear brands for customized collaborations. Next, the company will continue to contact more mainstream e-commerce platforms and various brands."
