Skyworth Digital
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Skyworth Digital Forecasts First-Half Net Profit Margin Drop to 65% From 76%
Shenzhen’s Skyworth Digital warns of 65%-76% year-on-year net profit slump for H1 2025 amid China’s smart device price wars, with core operational profit mirroring the plunge. Despite holding market share in 8K set-top boxes and VR solutions, average product prices fell 18-22% as market growth slowed to 4.7%. Increased R&D focuses on industrial metaverse and AIoT ecosystems, but analysts question if innovation can counter pricing pressures in commoditized hardware sectors.
