On September 23, Puyuan Semiconductor shared its latest investor relations update. Within the VCM (Voice Coil Motor) Driver segment, the company has successfully ramped up production and commenced shipments of several open-loop VCM driver chips. These chips have been seamlessly integrated into the supply chains of multiple renowned mobile phone brands, significantly bolstering the company's market presence. Concurrently, the second-generation standalone OIS (Optical Image Stabilization) chip, along with a new-generation OIS solution specifically designed for main camera telephoto and periscope lenses, has also transitioned into mass production phase. Furthermore, Puyuan Semiconductor has proudly introduced its inaugural closed-loop driver chip, engineered for applications requiring extensive stroke lengths. This innovation effectively caters to the sophisticated demands of cutting-edge scenarios, such as foldable displays and periscope cameras.