GigaDevice stated in an institutional research survey that the significant growth in MCU business revenue this year was mainly driven by three factors: the continued advancement of domestic substitution in the home appliance sector, with demand fueled by multiple scenarios such as AI peripherals and emerging consumer applications; the gradual ramp-up of new products across multiple downstream fields, driving market share gains; and the stabilization and rebound of MCU product prices, with some customers beginning to restock. Looking ahead to next year, the room for customers to further restock is relatively limited, but the other two growth drivers will continue. The company expects its MCU business to still achieve double-digit percentage growth next year.
