Guanghetong: overseas vehicle 5G is expected to ship in large quantities in 2025, and domestic listing is faster than overseas.

CTOnews.com August 8 news, China's first A-share listing of the Internet of things wireless module company Guanghetong said in investor activities, the company's overseas car products are digital transmission modules, shipments are 4G products, it is expected that 4G products still have a long supply cycle; overseas vehicle 5G has won the bid for several major customers, is currently in the stage of research and development, mass shipment is expected to 2025, the supply cycle is also longer.

CTOnews.com learned from the official that Guanghetong is on the market in domestic vehicle 5G faster than overseas, but this year shipments are still mainly 4G. Domestic vehicle products are divided into intelligent module and data transmission module, accounting for more than 50% of the revenue of intelligent module.

It is understood that Guanghetong's main products include 5G, 4G, 3G, 2G, NB-IoT, LTE-M, intelligent, vehicle-level wireless communication modules and one-stop wireless communication solutions for Internet of things applications.

According to the financial report, Guanghetong achieved an operating income of 3.865 billion in the first half of the year, an increase of 59.87 per cent over the same period last year, and a net profit of 303 million belonging to shareholders of listed companies, an increase of 48.53 per cent over the same period last year.