Welcome to our dedicated page for Aac Technologie news (Ticker: AACAY), a resource for investors and traders seeking the latest updates and insights on Aac Technologie stock.
AAC Technologies Holdings Inc. (AACAY) delivers innovative solutions in acoustics, optics, and precision mechanics for global technology leaders. This news hub provides investors and industry professionals with essential updates on the company’s advancements in smartphone components, automotive audio systems, and next-generation manufacturing techniques.
Our curated collection features official press releases and verified news covering financial results, strategic partnerships, and technological breakthroughs. Users gain insights into AACAY’s expanding automotive sector presence through its Premium Sound Solutions division and developments in AI-enabled device components.
Key updates include innovations in acoustic engineering for mobile devices, optical system enhancements, and progress in automotive-grade sound solutions. The repository also tracks the company’s sustainability initiatives and global manufacturing expansions.
Bookmark this page for streamlined access to AAC Technologies’ latest operational milestones. Check regularly for updates on patent filings, production capacity changes, and leadership developments affecting the company’s position in high-precision component markets.
AAC Technologies (AACAY) reported impressive H1 2024 results, with revenue reaching RMB 11.25 billion, up 22.0% YoY. The company's gross profit margin improved to 21.5%, a 7.4 percentage point increase YoY. Net profit surged by 257.3% to RMB 537 million. CFO Guo Dan expects the group's revenue to grow over 30% in 2024, with main business revenue increasing by 15% and PSS contributing about RMB 3 billion. The company anticipates benefiting from AI smartphone upgrades, with potential growth across multiple product lines. AAC's acoustics business is projected to exceed RMB 10 billion in revenue, while optics and other segments show promising growth and margin improvements.
Soundskrit and AAC Technologies Holdings (HKEX: 2018) have partnered to enhance microphone technology for consumer electronics and automotive industries. This collaboration will make directional MEMS microphones widely available, boasting high directional signal-to-noise ratio (SNR) and noise-rejecting capabilities. The advanced technology will improve audio experiences across various applications, including AR/VR, wearables, and smart devices. With AAC's established market position and Soundskrit's expertise in spatial audio processing, the partnership aims to innovate how audio systems are built, promoting clearer communication and reducing distractions.
AAC Technologies has formed a strategic partnership with Ibeo Automotive Systems, gaining shareholder status alongside existing investors ZF Friedrichshafen AG. This move positions Ibeo as a leader in LiDAR technology, particularly for automotive applications. Ibeo's new ibeoNEXT solid-state LiDAR technology is set for serial production with Great Wall Motors, enhancing automated driving capabilities. The partnership strengthens Ibeo's market presence in Asia and opens opportunities in consumer electronics, aligning with AAC's expertise in manufacturing and imaging technologies.
Xiaomi's Redmi K40 Gaming Edition now features the world's first Wafer Level Glass (WLG) hybrid camera lens, launched on April 27, 2021. Developed by AAC Optics, a subsidiary of AAC Technologies, this innovation includes 1 glass and 5 plastic lens elements, improving low light photography with a 15% increase in light. The technology enables mass production of high-precision glass lenses across various sectors, potentially enhancing user experiences in smartphones and beyond.
