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<Research>UBS Envisions Positive Mkt Reaction to HORIZONROBOT-W's Product Launches
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28
Positive
44
Negative
13
HORIZONROBOT-W (09660.HK) rolled out three new products at a launch event, including the HSD V1.6, the cockpit-driving fusion chip, Starry 6, which was manufactured with a 5-nanometer process, and the KaKaClaw automotive operating system, according to a report by UBS.

The company also revealed that it is now transforming into an automotive AI Agent solutions provider. It intends to build an operating system platform leveraging its expertise in system-on-chip (SoC), full-stack autonomous driving solutions, and edge AI models.

Related News CLSA: Horizon Robotics (09660.HK) Product Progress Should Gain Market Recognition; Maintains Outperform Rating
Expecting a positive market response to this launch event, UBS has given HORIZONROBOT-W a target price of HKD13.2 and a Buy rating.

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