GigaDevice: The impact of general NOR Flash products on the company's revenue this year is relatively small

On December 20, Jinshi Data News, Zhao Yi Innovation disclosed the stock trading abnormal announcement in the evening, stating that the recent news about the application of NOR Flash products in the AI-related terminal market has received high attention from investors. The company explains the following: The company’s general-purpose NOR Flash products can be widely used in consumer electronics, smart wearable devices, and other terminal fields, including AI headphones, AI glasses, AI PCs, and other fields. However, since the company provides general-purpose NOR Flash chips and usually does not participate in the product solution design of terminal brand customers, the performance of related businesses is affected by the demand of the terminal product market. This business has a small impact on the company’s operating income and net profit in 2024, and its direct impact on the company in the future is uncertain.