Recently, Yutai Micro (stock code: 688515) received a research team from Changxin Fund Management Co., Ltd. and Taixin Fund Management Co., Ltd. in Shanghai, and the company released a series of information, indicating that it has made important progress in the field of Ethernet physical layer chips. These chips are now being used in the robotics industry, showing their growing market prospects.

According to the report "Analysis of China's Robot Overseas Market, 2024: Sailing to the Sea and Breaking the Waves" released by the International Data Corporation (IDC), the overseas revenue of China's industrial robot manufacturers will reach an astonishing 9.58 billion yuan in 2023, and the growth in the field of collaborative robots is particularly significant, with export revenue exceeding 380 million yuan. This achievement is due to the continuous optimization of technology and the competitiveness of products by domestic enterprises. Yutai Micro's Ethernet physical layer chip is one of the representatives of these technological advances, supporting the further development of the domestic robot industry.

Yutai Micro pointed out in the announcement that the company's 100 Gigabit and Gigabit Ethernet physical layer chips have been widely used in the field of robots. These chips enable flexible communication between robots by providing reliable high-speed data transmission. With the growing demand for intelligent manufacturing and automation in the industry, Yutai Micro's products will usher in a larger market space.

In terms of on-board chips, Yutai Micro has also made breakthroughs. The company's automotive Ethernet physical layer chips have successfully entered BAIC's supply chain system, and the supply scope covers many well-known automobile brands including Desay SV, GAC and Chery. These chips support the high-speed data transmission of the Internet of Vehicles, which provides an important guarantee for the application of intelligent and autonomous driving technology for new energy vehicles.

Yutai Micro spares no effort in technological innovation. In the first three quarters of 2024, the company's R&D investment reached 201.1319 million yuan, a year-on-year increase of 23.54%, accounting for 75.59% of operating income. This high proportion of R&D investment reflects the company's emphasis on technological progress and product iteration. It is worth mentioning that the 2-port Gigabit Ethernet switch chip just launched by Yutai Micro has begun to be shipped in small batches, targeting multiple application scenarios such as home, enterprise, and security to meet the diversified needs of the market for Ethernet switching access.

In addition to the technological progress, Yutai Micro has also received good support at the policy level. In recent years, a number of policies introduced by the state are intended to promote standardized management in the field of industrial robots and stimulate technological innovation and industrial upgrading. The implementation of these policies will further enhance China's position in the global industrial robot industry chain and create a favorable environment for the development of Yutai Micro and other related enterprises.

Looking ahead, Yutai Micro plans to continue to expand its product line, develop more high-speed wired communication chips suitable for different scenarios, and increase its layout in the robot and vehicle markets. With the rapid development of the intelligent car and robotics industry, the company's technological innovation will become an important part of its core competitiveness.

This research activity not only shows the good interaction between Yutai Micro and investors, but also outlines the development blueprint of China's industrial robot and Internet of Vehicles industry chain in the next few years. With the continuous innovation of products and the continuous expansion of the market, Yutai Micro will undoubtedly occupy a place in the future wave of science and technology, and contribute to the popularization of intelligent manufacturing and autonomous driving.