In the wave of digitalization and intelligence, the robot industry is undergoing a profound change. Yutai Micro (stock code: 688515) recently received a research team from Changxin Fund and Taixin Fund in Shanghai, revealing its latest progress in the robot industry. As a leading manufacturer of Ethernet physical layer chips, Yutai Micro is injecting new vitality into the development of China's industrial robot industry through technological innovation and market expansion.

According to the "China Robot Overseas Market Analysis, 2024" report released by the International Data Corporation (IDC), in 2023, the overseas revenue of Chinese industrial robot manufacturers will reach about 9.58 billion yuan, mainly concentrated in markets such as Asia Pacific, Europe and North America. These regions contribute 90% of the overseas revenue of domestic robot manufacturers. In particular, collaborative robots have become an emerging hot field, with overseas revenue of more than 380 million yuan. In this context, Yutai Micro has successfully applied its products to industry-leading robots by providing 100 Gigabit and Gigabit Ethernet physical layer chips, making it occupy a place in this market segment.

From a policy perspective, the government has recently launched a series of policies to standardize management and promote the development of the industrial robot industry. The policy content includes the "Standard Conditions for the Industrial Robot Industry (2024 Edition)" and the "Implementation Opinions on Promoting the Innovation and Development of Future Industries". These policies have created a better development environment for Yutai Micro and the entire industry, and enhanced the overall level and international competitiveness of the domestic robot industry.

In the automotive field, Yutai Micro's automotive Ethernet physical layer chips have also achieved remarkable results, and have now entered the supply chain of many well-known brands such as BAIC. For example, companies such as Beiqi Jihu, Desay SV, and Lisheng have become its customers. Yutai Micro said that with the rapid development of the Internet of Vehicles, its on-board high-speed wired communication chips are expected to penetrate into a wider market in the future. Especially in emerging fields such as intelligent networking, there is a growing demand for efficient and stable communication solutions.

In terms of R&D investment, Yutai Micro has always maintained a strong growth trend. In the first three quarters of 2024, the company's R&D expenses reached 201.1319 million yuan, a year-on-year increase of 23.54%. This investment accounted for 75.59% of the operating revenue, showing the company's emphasis on technological innovation. Yutai Micro is accelerating the launch of new products, and its automotive Ethernet switch chip samples have begun to be sent for testing, and will carry out closer cooperation in the future to further expand the market.

The launch of new products has undoubtedly enhanced the market competitiveness of Yutaiwei. For example, the recently launched 2-port Gigabit Ethernet switch chip has begun to be shipped in small batches, meeting the needs of multiple scenarios such as home, enterprise, and industrial control. With the deepening of market penetration and the increasing expansion of application scenarios, the company's revenue has also shown a good trend.

To sum up, through continuous technological innovation and product research and development, Yutai Micro has strengthened its market position in the field of robotics and automobiles, and laid the foundation for the rapid development in the future. In the context of the strong global demand for intelligent manufacturing and intelligent transportation, the dynamics of Yutai Micro will undoubtedly become the focus of the industry, and it is expected that it can lead more industry changes and tap more abundant market opportunities.