Jiefa Technology's revenue increased by 42.68% year-on-year

Liang Yongjie, COO of NavInfo and general manager of Jiefa Technology, said that the chip industry requires long-term investment and technological accumulation. Although the overall performance of the chip industry in 2023 was poor, Jiefa Technology achieved profitability with a year-on-year revenue growth of 42.68% last year thanks to its ten years of development. Its chip products have been applied to more than 500 models worldwide, with a coverage rate of 95% for independent brands. Liang Yongjie emphasized that domestic chip companies should focus on product research and development and market positioning to meet industry challenges.