Willsemi(603501) 证券时报网·2025-04-29 11:29Core Insights - Weir Shares (603501) reported a record high revenue of 6.472 billion yuan in Q1 2025, representing a year-on-year increase of 14.68% [1] - The company's net profit attributable to shareholders reached 866 million yuan, up 55.25% year-on-year, with a non-recurring net profit of 848 million yuan, increasing by 49.88% [1] - The comprehensive gross margin improved to 31.03%, reflecting a year-on-year increase of 3.14 percentage points and a quarter-on-quarter increase of 2.05 percentage points [1] Company Performance - The significant growth in revenue and net profit is attributed to the company's strategic positioning in the high-end smartphone market and the accelerated penetration of automotive intelligence [1] - Weir Shares has optimized its product structure and supply chain, leading to continuous improvement in gross margin [1] Product Development - The company recently launched the OV50X CMOS image sensor, a 50-megapixel sensor designed for flagship smartphones, featuring high dynamic range and excellent low-light performance [2] - In the automotive electronics sector, Weir Shares is expanding its product matrix with various automotive-grade products, including LCOS, MCU, SERDES, CAN, and LIN [2] - The TheiaCel™ technology platform allows customers to choose from multiple pixel options, catering to the increasing demand for high-specification products in automotive applications [2] Industry Trends - Starting in 2026, Europe will mandate all new vehicles to be equipped with driver monitoring systems, which will accelerate the adoption of such systems globally [3] - The recent launch of the OX01N1B image sensor by OmniVision, designed for driver monitoring systems, highlights the industry's focus on performance, size, and cost efficiency [3] - Weir Shares' R&D expenses for Q1 2025 were 654 million yuan, reflecting a 5% year-on-year increase, ensuring robust support for product upgrades and new developments [3]