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9660
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Hang Seng (Hong Kong)
Over the past 12 months, Horizon Robotics has significantly outperformed Hang Seng (Hong Kong), delivering a return of +148% compared to the Hang Seng (Hong Kong)'s +28% growth.
Stocks Performance
9660 vs Hang Seng (Hong Kong)
Performance Gap
9660 vs Hang Seng (Hong Kong)
Performance By Year
9660 vs Hang Seng (Hong Kong)
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Horizon Robotics
Glance View
In the expansive realm of artificial intelligence and autonomous driving technology, Horizon Robotics has carved a unique niche, transcending typical industry preconceptions. Founded in 2015 by Yu Kai, a former executive at Baidu, the company was born out of a vision to revolutionize in-vehicle computing power. Horizon Robotics develops energy-efficient AI chips specifically designed for smart vehicles, enabling self-driving capabilities and enhanced onboard intelligence. Their proprietary Brain Processing Unit (BPU) architecture forms the core of their products, seamlessly integrating advanced algorithms with edge computing. At the heart of their innovation is Journey, a series of powerful AI processors tailored to meet the demanding requirements of autonomous navigation, object detection, and decision-making processes within vehicles. Horizon Robotics' journey in monetizing its cutting-edge technology is multi-faceted. It primarily generates revenue through direct sales and strategic partnerships with automotive manufacturers and Tier 1 suppliers. By embedding its AI solutions into the vehicle ecosystems, the company not only enhances vehicle safety and performance but also offers scalable solutions that can drive the future of mobility. Its collaborative approach is evident in its alliances with leading automotive brands in China and beyond, enabling carmakers to build vehicles that are smarter and more intuitive. Such partnerships help in creating a robust ecosystem around their chips, ensuring a steady stream of revenue while positioning Horizon Robotics as a formidable player in the global race toward autonomous driving.
