February 9, 2023

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AI laptop chip era corporate Cambricon on February 25 launched its 2021 annual efficiency file, appearing income of 721 million yuan ($114.3 million) right through the length, a year-on-year building up of 57.12%. The Beijing-based company’s file additionally printed that web losses due to the guardian have been 847 million yuan, when compared with 435 million yuan in the similar length closing yr, a variety of 94.98%.

Cambricon’s income principally comes from cloud products and services and edge computing product traces, in addition to an clever computing cluster trade. All over the reporting length, MLU220 chips and accelerator playing cards of the company’s edge computing product line had been carried out in lots of main enterprises, finishing the sale of just about a million items. Income from the threshold computing product line accomplished step forward enlargement when compared with the similar length closing yr.

Depending at the benchmarking impact and stellar recognition of the corporate’s earlier tasks, Cambricon received the bid for the infrastructure building venture of an clever computing heart in Kunshan, Jiangsu Province, China, and the cluster trade source of revenue greater considerably.

Cambricon defined that the rise in losses closing yr was once principally because of its emerging R&D bills, share-based bills in control bills, and gross sales bills.

Ultimate yr, the company endured to extend funding in R&D and actively recruited proficient staff. R&D bills greater in conjunction with share-based fee bills. As well as, because of the corporate’s lively efforts in sensible chip advertising and ecosystem building, gross sales bills have additionally greater.

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Consistent with monetary information from Cambricon protecting the previous 4 years, its general working source of revenue was once 7.8433 million yuan in 2017, 117 million yuan in 2018, 444 million yuan in 2019 and 459 million yuan in 2020. Its web losses additionally maintained a top stage, totaling 381 million yuan, 41.0465 million yuan, 1.179 billion yuan and 435 million yuan from 2017 to 2020, respectively.

Chinese language business knowledge platform Qichacha presentations that Cambricon makes a speciality of the R&D and technological innovation of AI chip merchandise. Since its established order in 2016, Cambricon has evolved sensible chips and accelerator playing cards protecting terminal gadgets, edge computing and cloud products and services. On July 20, 2020, Cambricon was once indexed to the Shanghai Sci-Tech Innovation Board (STAR Marketplace).