Star held an earnings conference for the third quarter today (November 20) according to the Science and Technology Innovation Board Daily Report on November 20.

Benefiting from the recovery of the consumer electronics industry, the company achieved a significant increase in performance in the first three quarters of this year, with a net income of 0.273 billion yuan attributable to the parent company in the first three quarters. Among them, the net profit attributable to the parent company in the third quarter was 0.123 billion yuan, a year-on-year increase of over 141 times.

The chairman and general manager of the company, Xu Chen, stated at the earnings conference: 'The company has achieved high growth rates in shipments in the three major application areas of smart phones, auto electronics, and smart security, driving a significant increase in revenue.'

From the perspective of smartphones, it is reported that the company's shipments of advanced 50 million pixel products for flagship smartphone main cameras, wide-angle, telephoto, and front cameras have significantly increased. Regarding the advantages of this product, Xu Chen told the Science and Technology Innovation Board Daily reporter: 'The company's high-end smartphone products, with their advantages of high dynamic range, ultra-low noise, precise focusing, and low power consumption, have significantly increased shipments.'

At the same time, Sitecore also stated that the company's cooperation with customers has deepened comprehensively, products can meet more application needs, market share continues to increase, driving significant revenue growth for the company in the smart phone field.

It is worth mentioning that with the gradual increase in the penetration rate of high-end CIS products in the domestic market for smartphones, more and more customized demands are emerging. In this regard, Xu Chen mentioned to the reporter: 'The company has established cooperative relationships with end customers, deeply involved in the design of customer product solutions, and implemented them in product customization and development, launching new products with better performance and more in line with customer needs in a short period of time based on continuously updated customer demands through rapid iterations.'

In terms of new products, in August of this year, Sitecore announced the successful trial production of a 0.18 billion pixel full-frame CIS product designed and developed by the company. According to the introduction, this product is based on technologies such as SmartClarity-3, SFCPixel-2, enabling the product to support 0.18 billion ultra-high pixel readout and 8K 30fps HDR video mode. In addition, the company's PixGain HDR technology also enables the product to have characteristics such as low pixel readout voltage, single exposure, and ultra-high dynamic range.

In the automotive electronics business, Speckway stated that the company continues to deepen cooperation with multiple mainstream manufacturers, with a significant increase in the number of vehicle projects, and the company's CIS products used in Advanced Driver Assistance Systems (ADAS) have received the first commercial volume production order.

Regarding the current supply chain landscape, Xu Chen frankly stated that the company has adopted a multi-regional supply chain layout strategy, establishing strategic cooperation-level foundry and packaging and testing cooperation platforms in multiple countries and regions, integrating the supply chain resources in a coordinated manner to ensure production capacity.