Reported about 1 year ago
Industrial computer manufacturer Friendcore (2397) sees a rise in stock prices, following its investment in robotics company Roshine (8374) which has been performing well in the market. Friendcore's recent stock price surged by 18% and hit the daily limit. Despite a decrease in revenue, Friendcore's embedded business is growing due to the increasing importance of AI edge computing and remote management in various industries like smart transportation and healthcare, providing momentum for the company's growth.
Source: YAHOO