United Optoelectronics' innovative products face competitive pressure

United Optoelectronics did not segment its business by product application, but instead classified non-security products such as new display, smart driving, and artificial intelligence as "innovative products and businesses." However, according to Chaodian Think Tank, these innovative products face great competitive pressure. For example, the gross profit margin of innovative products such as automotive lenses, millimeter-wave radars, ultra-short-throw projection lenses, and AR/VR all-in-one machines is only 13.17%.