CN — TechNode
Amicro Helped Robot Vacuums Find Their Way. Now It Wants to Go Further.
Chips1 min read
Amicro, a Zhuhai chip company, is offering shares in Hong Kong. It makes chips and software that help robots find their way, and its parts sit inside many well-known cleaning robots.
A Hidden Supplier Goes Public
Amicro says eight of the world's ten leading smart cleaning robot companies have used its technology. Its customers include Xiaomi, iRobot, Ecovacs, Philips, SEB and Anker. Amicro is offering shares in Hong Kong, with trading expected to begin on November 12. The company wants a bigger role in robotics, not only in home floor cleaners.
Key Facts
- Amicro says 8 of the world's top 10 smart cleaning robot companies have used its solutions.
- The company was founded in 2014 in Hengqin, Zhuhai, under the name Amicro Semiconductor.
- Its AM380S chip reached tape-out in December 2016. Mass production in cleaning robots began in June 2017.
- Its AM680 chip followed in 2018 and extended the product line into visual navigation.
- Trading in Hong Kong is expected to begin on November 12.
Why Robot Vacuums Need Good Navigation
A home is hard for a robot to move through. Furniture blocks paths, and rooms connect through narrow gaps. Amicro started by helping robot vacuums map rooms and find their way back to a charger. Its work then grew to include cameras, laser sensors and the software that combines them.
Why It Matters
Amicro shows how a small specialist company can grow by supplying the parts inside other brands' products. If its know-how from household floors works in harder settings, it could help a wider range of robots. The IPO also gives investors a way to see how these hidden suppliers earn money.
What to Watch
- Whether trading starts on November 12 as expected.
- Whether Amicro wins work outside home cleaning robots.
- How its chips and software perform in more varied environments.
- How well it keeps its large customers such as Xiaomi and iRobot.
Glossary
- Amicro
- A Zhuhai company that makes chips, algorithms and parts that help robots find their position and move around.
- IPO
- Initial public offering: the first time a company sells shares to the public on a stock market.
- Hengqin
- A district in Zhuhai, China, where Amicro was established in 2014.