Orbbec has released a statement addressing the unusual volatility observed in its stock trading activities. The announcement highlighted that the aggregate increase in the company's stock closing price over three successive trading days has surpassed 30%. Orbbec's core business operations revolve around the conceptualization, research and development, manufacturing, and distribution of 3D visual perception solutions. These encompass a range of products, from consumer-oriented application gadgets and 3D visual sensors to industrial-grade application apparatuses.
It is important to clarify that Orbbec does not directly participate in the development of embodied AI (Here, "physical AI" is optimized to "embodied AI", which is a more commonly used term in the AI field, referring to AI that interacts with the physical world through a physical body or presence). Considering the substantial capital outlay necessary for research and development in embodied AI technology, coupled with the swift pace of technological advancement and the nascent phase of downstream application scenario proliferation and commercialization, the company acknowledges the potential for uncertainties. Specifically, any unfavorable shifts in market demand, alterations in industry regulations, or transformations in the technological competitive environment could introduce variability in the revenue and profit streams derived from related scenarios.
Explanation of cultural background and English habit optimization:
