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NavInfo said that the chip is based on market demand and application.
The reporter learned from the latest exchange platform of the Shenzhen Stock Exchange that the first ADAS (Advanced Driver Assistance System) chip produced by NavInfo has been mass-produced, and domestic and foreign brand car manufacturers are in the process of product design. NavInfo said that the chip is mainly installed in the market demand and application, and can also take into account the needs of the aftermarket, and has a strong advantage in terms of cost and performance.
In addition, regarding the relevant operational data of the high-precision map business, NavInfo said that its high-precision map-related revenue is included in the advanced assisted driving and autopilot revenues, with reference to the revenue classification disclosed in the 2016 annual report. Autopilot revenue was about 224.8 million yuan, an increase of 21% over 2015. According to the data disclosed by NavInfo in the quarterly report, the net profit for the first half of this year is expected to increase by 30%-60%.
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