Luchang Technology increases investment in R&D

Starting from 2023, Luchang Technology has decided to increase its R&D investment in automotive electronics business. By the end of 2023, the company's R&D investment accounted for 10.86%. At the same time, the number of the company's R&D personnel has increased fivefold compared with 2022. Luchang Technology will continue to expand its R&D team and improve its R&D capabilities and the overall quality of the company. Since the restart of its automotive electronics business, Luchang Technology has created four major sectors: smart cockpit domain, smart driving domain, smart body domain, and sensing components, with a total of 13 product lines, covering smart cockpit, HUD, UWB Bluetooth key, camera module, sound and light products and other application solutions.