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Sino-Global Electronics: expects automotive electronics to account for 10%–15% of revenue in the next 3–5 years
People’s Finance Network, April 2 — Shengbang Co., Ltd. (300661) recently said at a roadshow that the company has continued to make active investments and has carried out a comprehensive rollout in the automotive electronics sector. At present, its automotive-grade products have broad coverage across sensors, signal chains, and power management. There are already more than 500 products that have passed AECQ100 certification and are in mass production and delivery. Over the past several quarters, the revenue from the company’s automotive-grade products has shown steady and rapid growth. The company expects that over the next 3 to 5 years, automotive electronics will grow to a scale where its revenue share will be 10% to 15%.