HK Stock Market Move | Fibocom Wireless Inc. (00638) rose more than 14%. Huawei launches chat companion Siasun Robot&Automation "Intelligent Silly". The company strategically cooperates with Luobo Intelligent.

Fibocom Wireless Inc. (00638) rose by more than 14% in early trading and was up by 11.53% as of the time of writing, at HK$16.93, with a trading volume of HK$91.84 million. On the news front, according to media reports, Huawei's Executive Director and Chairman of the Terminal BG, Yu Chengdong, announced at a new product launch event the launch of the first chat companion, Siasun Robot&Automation's "Smart Silly". Priced at 399 yuan, it will officially go on sale on November 28 at 10:08 am. Huawei is officially entering the smart companion market, adding another piece to its smart ecosystem puzzle. It is reported that the smart Silly was jointly designed and developed by Luobo and Huawei. Public information shows that in June this year, Fibocom Wireless Inc. announced a strategic partnership with Luobo Intelligence and stated that it will empower Luobo Intelligence's AI upbringing series toy Fuzozo to help Generation Z users enjoy mobile social and emotional companionship anytime, anywhere. Zheshang previously pointed out that in the AI toy sector, Fibocom Wireless Inc. has mature solutions and can provide communication modules, MagiCore core box solutions, and complete products according to customer needs. The module solution using Cat1+SDK cloud call has already achieved mass production and shipment in the first half of the year, and the MagiCore core box solution has been iteratively upgraded to the second generation, performing well in noise reduction, latency, power consumption, and interactive experience. Currently, the company has established close cooperation relationships with many downstream customers in the AI toy sector and is expected to continue to benefit from opportunities for volume production of related products in the future.