$BYD ELECTRONIC(00285)$ Global smartphone demand is picking up, and the consumer electronics business has seen a significant year-on-year revenue increase. In 2024, $BYD COMPANY(01211)$ ’s consumer electronics segment generated 141.23 billion yuan in revenue, up 44.97% compared to last year.
Demand from both domestic and international customers is growing, and the company is steadily increasing its share of the overseas market, driving a rise in shipments and revenue. The acquisition of new businesses has also expanded its components segment, while automation has improved operational efficiency. On top of that, the company is fully embracing the AI field, enabling the development of new smart products. Their layout in AI data centers, AI robotics, and other related sectors is becoming more comprehensive.
BYD Electronics adjusted early and is now oversold. This is definitely a great time to buy in!
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