-- Rockchip Electronics (SHA:603893) forecasts its attributable profit will rise 53% to 62% to between 320 million yuan and 340 million yuan in the first quarter from 209.5 million yuan in the year-ago period, according to a Friday filing with the Shanghai bourse.
Operating revenue at the integrated circuit design company is seen to grow 36% year over year to 1.21 billion yuan from 885 million yuan.
The growth is attributable to a rise in the artificial intelligence of things market, among others, the filing said.
Shares surged 7% during afternoon trading on Friday.