HK Stock Market Move | Fibocom Wireless Inc. (00638) rose nearly 4% in the afternoon, with institutions optimistic about the company's long-term benefits from the AI opportunities on the terminal side.

Fibocom Wireless Inc. (00638) rose nearly 4% in the afternoon, with a 2.74% increase at the time of writing, reaching HK$15.74 with a turnover of HK$26.1158 million. On the news front, the 2025 Greater Bay Area AI Hardware Carnival was successfully held in Shenzhen on December 26th. The conference focused on the theme of "Smart Linkage in the Bay Area, Leading the Future of AI Hardware", highlighting the forefront of AI hardware technology trends, industry ecosystem collaboration, and commercialization practices, bringing together many industry experts and representatives. As a global leader in wireless communication and AI solutions provider, Fibocom Wireless Inc. was invited to participate, showcasing a complete AI system covering "communication, computing power, platform, and applications," providing solid support for the large-scale implementation of AI hardware. Huatai previously pointed out that in the short term, they believe that the demand for the company's overseas FWA, and general IoT business is expected to continue to improve. On the other hand, with the improvement in the company's shipping structure, profitability is expected to continue to stabilize and recover. In the long term, they believe that the penetration of AI computing power from the cloud to the edge is the trend, and as a leading domestic intelligent module manufacturer, the company is expected to grasp the broad new opportunities brought by the future edge computing market. They believe that markets such as AIPC and outdoor Siasun Robot & Automation are expected to contribute new revenue growth opportunities for the company.