R&D

Sivers Semiconductors announced an $8.3 million directed share issue to Swedish and international institutional investors, managed by Pareto Securities AB. Funds will accelerate R&D (60%), support strategic investments like acquisitions and talent (20%), and optimize capital structure (20%). The company is focusing on high-growth markets in SATCOM and AI data centers and aims to strengthen its position through strategic partnerships, expanded product offerings, and a growing customer pipeline. Board members and the CEO intend to participate in the offering.

XGIMI Technology projects first-half 2025 revenues of RMB 1.626 billion, a 1.63% YoY increase, and a 2062.33% surge in net profit to RMB 88.66 million. This profitability boost is attributed to R&D focus, improved supply chain efficiency, and cost control. During the period, XGIMI launched new projector models and expanded globally through retail channels in Europe, North America, Japan, and Australia. The company also extends its projection technology into automotive applications, including in-car rear projection systems.