NVDA
2nd
Nvidia
$5.24Tn
217.23
-1.84%
+20.80%
The company sells data center compute and networking infrastructure, including rack-scale solutions and networking products like NVLink and InfiniBand.
AAPL
Apple
$5.00Tn
342.00
-0.28%
+37.16%
Apple's primary revenue driver is the iPhone series of smartphones, alongside other wearables like the Apple Watch and AirPods. These products are designed, manufactured, and marketed as portable computing devices for personal use.
GOOGL
2nd
Alphabet
$4.24Tn
349.22
+0.45%
+39.11%
The company designs and sells the Pixel line of smartphones, wearables, and related accessories.
META
2nd
Meta Platforms
$1.88Tn
736.72
-0.11%
+2.67%
Through its Reality Labs segment, Meta designs and sells smartphones-adjacent wearables and portable computing devices, specifically Meta Quest virtual reality headsets and AI glasses like the Ray-Ban Meta models.
ASML
2nd
Asml Holding
$638.81Bn
1,657.44
+0.45%
+64.13%
The company has a dedicated Metrology and Inspection Systems segment that provides precision measurement tools to monitor critical dimensions and detect defects during wafer production.
CSCO
Cisco Systems
$433.47Bn
109.85
-3.34%
+58.01%
Cisco's core business is providing networking hardware and software, specifically switching, routing, and wireless technologies such as the Catalyst 9000 switches, Nexus 9000 series, and Cisco 8000 series routers.
ORCL
2nd
Oracle
$406.58Bn
134.45
+2.95%
-55.72%
The company sells physical hardware systems, including Oracle Engineered Systems, enterprise servers, and storage solutions deployed in datacenters.
DELL
Dell Technologies
$302.58Bn
472.78
-6.86%
+207.60%
Dell's Infrastructure Solutions Group (ISG) focuses on AI-optimized servers, traditional servers, networking, and storage solutions for data centers and cloud environments. These products are explicitly described as mission-critical infrastructure for large-scale data center and cloud deployment.
TXN
2nd
Texas Instruments
$254.91Bn
279.12
-0.55%
+59.25%
The company produces a wide array of discrete electronic components and sensor modules, such as those used for converting and amplifying signals (sound, temperature, pressure, light) and managing power, which are sold as building blocks to electronics designers and manufacturers.
ANET
Arista Networks
$234.02Bn
185.55
-5.04%
+29.41%
Arista's primary revenue is generated from the sale of high-performance switches and routers specifically designed for AI, cloud, and data center networking solutions. The 'Core' segment focuses on high-speed Ethernet fabrics and switches used to support large-scale workloads in data centers.
KLAC
2nd
Kla
$228.02Bn
174.46
-2.43%
+60.50%
The company provides PCB and Component Inspection tools used by electronic device manufacturers to inspect, test, and measure printed circuit boards and packaged integrated circuits to verify quality.
IBM
2nd
International Business Machines
$220.56Bn
234.11
+2.68%
-16.61%
The Infrastructure segment supplies on-premises servers and storage systems for both private and public cloud environments.
MRVL
2nd
Marvell Technology
$211.54Bn
241.24
-1.65%
+171.39%
The company's products are specifically designed for data center infrastructure, including high-speed interconnects and storage solutions sold to cloud service providers and storage system manufacturers. While it sells the chips, its core business is defined by providing the essential hardware components for server and storage hardware.
SNDK
Sandisk
$203.65Bn
1,394.83
-0.61%
+866.62%
Sandisk designs and manufactures high-performance enterprise solid state drives (SSDs) and software solutions optimized for servers and cloud environments. These products are specifically deployed in server rooms and datacenters to support AI workloads and online transactions.
APH
2nd
Amphenol
$200.93Bn
81.48
-1.49%
+29.75%
The company designs and manufactures discrete electronic components and sensor modules, including sensors for force, gas, moisture, level, position, pressure, temperature, and vibration, which are sold as building blocks to OEMs.
ADI
2nd
Analog Devices
$195.74Bn
403.95
+0.09%
+69.62%
The company develops and sells MEMS-based sensors and actuators, such as accelerometers, gyroscopes, and pressure sensors, which are sold as building blocks to OEMs for medical and industrial equipment.
STX
Seagate Technology Holdings
$156.67Bn
690.81
-3.19%
+214.89%
Seagate designs and manufactures server and storage hardware, specifically hard disk drives (HDDs), solid state drives (SSDs), and storage subsystems for hyperscale data centers and cloud service providers.
SONY
Sony
$151.78Bn
24.68
+1.31%
-14.57%
Sony's Game & Network Services segment is a core business line involving the production and sale of PlayStation gaming consoles, bundled software, and first-party and third-party titles.
FTNT
2nd
Fortinet
$133.45Bn
181.91
-1.16%
+117.65%
The company sells networking hardware and software, specifically Ethernet switches (FortiSwitch), wireless access points (FortiAP), and SD-WAN solutions, which are used to move data packets across enterprise and campus networks.
WDC
Western Digital
$128.68Bn
356.45
-2.10%
+195.96%
Western Digital designs and manufactures high-capacity enterprise HDDs specifically for cloud data centers, hyperscale cloud service providers, and neoclouds. This segment is described as the company's largest and fastest growing, focusing on data center buildouts and tiered storage models.
EQIX
2nd
Equinix
$98.30Bn
996.26
+0.04%
+21.16%
The company provides interconnection services, including private links and software-defined connectivity, to move data packets between customers, cloud providers, and partners. This activity involves providing the hardware and software that enables network connectivity across its ecosystem.
ASX
2nd
ASE Technology Holding
$93.10Bn
41.87
-5.53%
+250.96%
Through its USI Group, the company provides electronics manufacturing services (EMS), including the design and manufacture of electronic components like motherboards, AI cards, and automotive electronics for other brands.
EMR
2nd
Emerson Electric
$90.45Bn
162.16
+0.65%
+24.48%
Through the acquisition of National Instruments, the company provides software-connected automated test and measurement systems, modular instrumentation, and data acquisition solutions.
VRT
2nd
Vertiv Holdings
$82.68Bn
214.78
-3.61%
+18.99%
The company provides racks and integrated modular systems specifically designed for deployment in server rooms and hyperscale cloud facilities.
HPE
Hewlett Packard Enterprise
$77.85Bn
58.62
-7.20%
+134.11%
HPE's Server segment sells general-purpose and workload-optimized servers, including the ProLiant and Cray lines, as well as storage arrays like the Alletra portfolio, which are deployed in datacenters.
LITE
Lumentum Holdings
$77.04Bn
869.54
-2.99%
+455.37%
Lumentum sells optical and photonic chips, components, modules, and subsystems used as building blocks for cloud data centers and network equipment. These are discrete electronic components sold to OEMs like network equipment manufacturers and AI infrastructure providers.
NXPI
2nd
NXP Semiconductors
$58.27Bn
231.09
+4.65%
+6.38%
The company sells sensors and analog/interface products as building blocks to original equipment manufacturers (OEMs) in the automotive and industrial sectors.
KEYS
Keysight Technologies
$58.23Bn
342.04
-4.35%
+107.50%
Keysight designs and manufactures electronic test and measurement equipment, including oscilloscopes, signal analyzers, and network analyzers. These products are sold to engineers in communications, aerospace, defense, and semiconductor industries to validate and optimize electronic systems.
GRMN
Garmin
$55.05Bn
285.36
+1.99%
+14.40%
Garmin designs and manufactures portable computing devices for personal use, specifically GPS-enabled watches, heart rate monitors, and handheld communicators sold through its Fitness and Outdoor segments.
TER
Teradyne
$53.67Bn
343.21
-4.52%
+143.36%
Teradyne's primary business is the design and manufacture of automated test equipment, including wafer-level, device-package, and system-level test systems for semiconductors and complex electronics. Its Product Test segment specifically provides circuit board test and inspection systems and wireless test systems for customers in data centers, automotive, and aerospace.
ALAB
2nd
Astera Labs
$52.39Bn
301.98
+0.57%
+87.03%
The company sells boards and modules, such as the Scorpio Smart Fabric Switches and Taurus Ethernet Smart Cable Modules, which are physical computing equipment specifically deployed in server rooms and data centers.
CIEN
Ciena
$50.59Bn
356.53
-0.80%
+111.33%
Ciena designs and sells networking hardware including optical networking, routing, and switching equipment for core, metro, and data center interconnect networks. Its primary revenue comes from these networking platforms and the software that runs them, serving network operators and cloud providers.
COHR
Coherent
$49.06Bn
250.52
-4.83%
+126.90%
Coherent manufactures and sells optical and optoelectronic devices, modules, and systems, including transceivers and semiconductor lasers, which serve as building blocks for other device makers. These products are sold as components to hyperscale datacenter operators, cloud providers, and telecommunications companies.
P
Everpure
$44.44Bn
133.37
-5.72%
+44.06%
Everpure sells physical storage hardware systems, specifically FlashArray storage arrays and FlashBlade scale-out storage, which are deployed in datacenters. These products are designed for enterprise data storage and compete directly with server and storage hardware vendors like Dell EMC and NetApp.
HEI
2nd
Heico
$43.11Bn
308.59
+3.31%
+0.45%
The Electronic Technologies Group manufactures a wide array of discrete electronic components, such as high-reliability passive electronic components, harsh environment connectors, and ceramic-to-metal feedthroughs sold to OEMs and industrial customers.
NTAP
NetApp
$42.08Bn
214.70
-3.38%
+76.75%
NetApp designs and sells physical enterprise storage hardware, specifically the All-Flash FAS (AFF) and Fabric Attached Storage (FAS) series, which are deployed in datacenters.
STM
2nd
STMicroelectronics
$41.41Bn
46.59
-0.64%
+60.82%
The company has a significant business line in discrete and general-purpose components, including power transistors and sensors (MEMS and optical sensing) sold as building blocks to OEMs like Tesla and Bosch.
MCHP
2nd
Microchip Technology
$40.32Bn
74.26
+4.22%
+13.88%
The company manufactures and sells discrete electronic components, including discrete diodes and MOSFETs, as part of its Analog segment.
UI
Ubiquiti
$37.39Bn
617.78
+1.88%
-17.65%
Ubiquiti designs and sells networking hardware including wireless LAN equipment, switching and routing solutions, and wireless backhaul solutions. These products are powered by the UISP and UniFi OS software platforms to move data packets across enterprise and service provider networks.
FLEX
Flex
$36.38Bn
98.50
-1.84%
+54.87%
Flex is a contract manufacturer that provides PCBA and assembly of systems and subsystems for other brands across automotive, medical, industrial, and cloud markets. Its revenue model is based on providing design, engineering, supply chain, and manufacturing services as a partner to a diverse customer base.
CLS
Celestica
$36.25Bn
315.27
-2.49%
+16.78%
Celestica operates as an electronics manufacturing services (EMS) provider, offering contract design, electronics manufacturing, assembly, and systems integration for other brands. It explicitly competes in the contract design and manufacturing industry against other EMS providers like Flex and Jabil.
ERIC
Ericsson Lm Telephone
$36.11Bn
10.71
+11.80%
+10.98%
Ericsson designs and sells networking hardware including radio access, core, and transport products (antennas, base stations, controllers) used to build 2G, 3G, 4G, and 5G telecommunications networks. This aligns with the description of providing hardware and software that moves data packets across networks.
CRDO
2nd
Credo Technology Group Holding
$33.52Bn
178.50
-0.41%
+35.83%
The company sells active electrical cables and high-speed connectivity solutions specifically designed for deployment in data centers and telecommunications infrastructure.
JBL
Jabil
$30.10Bn
287.10
-2.36%
+38.78%
Jabil is a leading provider of electronic manufacturing services (EMS), offering design, production, and product management services. It operates a global manufacturing footprint to build electronic products under contract for customers in sectors like cloud and data center infrastructure, networking, and automotive.
TDY
2nd
Teledyne Technologies
$28.73Bn
619.70
+1.74%
+9.68%
The Instrumentation segment manufactures high-performance oscilloscopes, high-speed protocol analyzers, and generators used by design and test engineers to validate electronic designs.
ON
2nd
On Semiconductor
$28.69Bn
73.70
+0.46%
+46.35%
The company manufactures and sells discrete electronic components, such as FETs, diodes, and circuit protection technologies, as building blocks for OEMs in the automotive and industrial sectors.
HPQ
Hp
$27.86Bn
30.85
+1.28%
+7.83%
HP's Personal Systems segment generates significant revenue from the sale of commercial and consumer desktops, notebooks, and workstations, including their AI PC portfolio.
FFIV
2nd
F5
$25.95Bn
456.58
-0.15%
+38.04%
The company sells networking hardware and software for application delivery, including high-performance load balancers, traffic management tools like Local Traffic Manager, and multi-cloud networking solutions.
IOT
2nd
Samsara
$24.92Bn
42.57
+4.29%
+12.89%
Samsara sells and installs proprietary IoT devices and sensors to capture data from offline assets, which serve as the hardware building blocks for its data ingestion process.
SMCI
Super Micro Computer
$23.05Bn
35.09
-1.93%
-34.95%
Super Micro Computer designs and manufactures server systems, storage arrays, and full rack-scale solutions specifically for data centers and cloud service providers. Its primary revenue is generated from the sale of these server and storage systems, subsystems, and accessories.
MTSI
2nd
MACOM Technology Solutions Holdings
$20.73Bn
271.39
-6.84%
+98.34%
MACOM sells a broad portfolio of standard and custom electronic components, such as diodes, amplifiers, and switches, which serve as building blocks for larger electronic systems in the defense and industrial markets.
SNX
2nd
Td Synnex
$20.34Bn
255.01
-3.41%
+62.62%
Through its Hyve business, the company designs and builds purpose-built server, storage, and networking solutions specifically for hyperscale computing infrastructure.
TOST
2nd
Toast
$18.59Bn
32.22
+7.98%
-13.43%
Toast sells and leases restaurant-grade hardware, including fixed-location POS terminals, handheld devices, and self-service kiosks.
ZBRA
Zebra Technologies
$17.86Bn
377.51
+0.17%
+28.69%
Zebra Technologies designs and manufactures discrete electronic components and sensor modules, specifically barcode scanners, RFID readers, and imagers, which serve as building blocks for data capture. These products are sold to OEMs and end-users across various industries for asset tracking and identification.
MKSI
2nd
Mks
$15.45Bn
228.52
-2.55%
+67.51%
The company sells a wide range of electronic components and sensor modules, such as pressure and flow measurement controls, fiber optic temperature and position sensing, and opto-mechanical components used as building blocks in larger systems.
LOGI
Logitech International
$15.06Bn
105.16
+3.95%
-3.11%
Logitech designs and sells a broad portfolio of computer peripherals, including keyboards, mice (pointing devices), webcams, and headsets. These products are sold as add-ons and accessories that plug into computing devices, matching the T-10 definition.
TRMB
2nd
Trimble
$14.22Bn
60.97
+3.16%
-22.55%
Trimble manufactures and sells precision positioning systems, laser scanning devices, and GNSS-based hardware used for surveying and mapping in the field.
FN
Fabrinet
$13.80Bn
385.19
-1.97%
-3.30%
Fabrinet provides electronic manufacturing services (EMS) to OEMs, specifically focusing on optical communication components, industrial lasers, and automotive components. Its revenue model is based on providing manufacturing services to customers like NVIDIA and Cisco.
BMNR
2nd
Bitmine Immersion Technologies
$13.53Bn
23.34
+4.85%
-56.62%
The company sells and leases mining equipment and related infrastructure, and provides turnkey solutions for institutional clients including hardware sales and deployment support.
SMTC
2nd
Semtech
$13.46Bn
144.21
-10.01%
+106.63%
The company sells gateways and routers, as well as optical and copper data communications products used in data centers and enterprise networks to move data packets.
AVY
2nd
Avery Dennison
$13.35Bn
175.86
+2.30%
+10.20%
The Solutions Group develops and sells radio-frequency identification (RFID) inlays and tags, which are discrete electronic components used for item-level visibility and loss prevention in retail and logistics.
SITM
2nd
Sitime
$13.30Bn
501.59
-4.45%
+72.96%
The company sells resonators and MEMS-based timing components that serve as building blocks for other device makers in the AI, automotive, and consumer electronics industries.
SWKS
2nd
Skyworks Solutions
$11.90Bn
79.10
+2.87%
+6.58%
The company produces discrete electronic components such as switches and signal chain components sold as building blocks to OEMs and through electronic components distributors.
SNAP
2nd
Snap
$11.10Bn
6.43
+5.41%
-18.71%
The company designs and sells Spectacles, which are wearable augmented reality glasses that extend AR experiences beyond the mobile application.
AUR
2nd
Aurora Innovation
$10.79Bn
5.40
+6.93%
-1.64%
The company designs and produces proprietary hardware as part of its integrated system, specifically the 'FirstLight Lidar using FMCW technology,' which serves as a critical sensor module for its autonomous platform.
TTMI
Ttm Technologies
$10.68Bn
101.36
-1.89%
+74.13%
TTm Technologies is a global manufacturer of printed circuit boards (PCBs), substrates, and RF microwave microelectronic assemblies. It provides a 'one stop design engineering and manufacturing solution' to OEMs and EMS providers, which aligns directly with the Electronic Manufacturing Services (EMS) model of providing PCB assembly and system integration.
SANM
Sanmina
$10.12Bn
188.74
-2.87%
+43.05%
Sanmina is explicitly described as a leading provider in the electronics manufacturing services (EMS) industry, providing printed circuit board assembly, high-level assembly, and test for OEMs. Its Integrated Manufacturing Solutions segment, which contributes roughly 80% of revenue, focuses on these core assembly and fulfillment activities for other brands.
VICR
2nd
Vicor
$10.10Bn
219.92
-10.36%
+283.74%
Vicor leverages proprietary semiconductor circuitry and packaging to create power conversion modules sold as building blocks to OEMs and ODMs for use in server motherboards and other electronic devices.
QRVO
2nd
Qorvo
$10.07Bn
114.17
+0.00%
+23.55%
The company sells discrete radio frequency components, analog mixed signal devices, and sensors to original equipment manufacturers (OEMs) and original design manufacturers (ODMs) as building blocks for larger systems.
LFUS
Littelfuse
$9.95Bn
391.83
-2.33%
+48.21%
Littelfuse designs and manufactures discrete electronic components such as fuses, switches, varistors, and sensors sold as building blocks to OEMs and distributors. These products, including ESD suppressors and gas discharge tubes, are sold to customers like Arrow Electronics and Digi Key for use in larger systems.
VIAV
Viavi Solutions
$9.09Bn
36.82
-4.49%
+183.01%
Viavi Solutions sells a broad portfolio of test, monitoring, and assurance instruments and software used to build and optimize telecom and datacom networks. Its Network and Service Enablement segment specifically provides test equipment for wireless, wireline, cloud, and avionics applications to customers like AT&T, Cisco, and Nokia.
FORM
Formfactor
$8.85Bn
113.34
-5.32%
+165.43%
FormFactor designs and manufactures electronic test and measurement instrumentation, specifically probe cards, probe stations, and cryogenic systems. These products are sold to semiconductor companies and research institutions to provide critical electrical and optical information from integrated circuits.
NTSK
2nd
Netskope
$8.34Bn
20.45
+2.05%
-10.54%
The company has a dedicated Networking segment offering Firewall-as-a-Service (FWaaS), SD-WAN, and DNS-as-a-Service to manage and secure traffic across enterprise networks.
RAL
Ralliant
$7.60Bn
68.73
-1.63%
+59.13%
Ralliant's Test and Measurement segment generates revenue from the sale of precision instruments including oscilloscopes, probes, source measuring units, and semiconductor test systems. These products are sold to engineers, scientists, and technicians for the purpose of measurement and analysis.
SLAB
2nd
Silicon Laboratories
$7.38Bn
221.05
-0.02%
+61.01%
The company sells wireless modules, which are integrated electronic components used as building blocks by OEMs in industrial, commercial, and smart home devices.
SIMO
2nd
Silicon Motion Technology
$7.33Bn
218.39
-2.32%
+135.72%
The company sells specialized SSD solutions and controllers specifically for data centers and enterprise hyperscalers, providing the physical computing infrastructure used in server rooms.
AAOI
Applied Optoelectronics
$7.07Bn
83.73
-2.89%
+154.11%
The company designs and manufactures fiber-optic networking products, including optical transceivers, transmitters, and nodes, used to move data packets across data centers, CATV, and telecom networks. Its primary revenue comes from selling this networking hardware to hyperscale data center operators like Microsoft and Oracle, as well as CATV MSOs.
CVLT
2nd
Commvault Systems
$6.58Bn
158.91
+2.97%
-7.64%
Commvault generates revenue through the sale of integrated appliances, which are physical hardware systems bundled with its data protection software for datacenter deployment.
DOX
Amdocs
$6.58Bn
60.68
+2.41%
-26.39%
Amdocs provides software and services for communications and media companies to automate network operations and manage 5G and fiber rollouts. Specifically, it sells the Amdocs Intelligent Networking Suite and provides network operations services to telecommunications and cable operators.
PLXS
Plexus
$6.37Bn
238.71
-2.85%
+58.88%
Plexus is a contract manufacturer that provides design, manufacturing, and supply chain services for other brands, specifically focusing on low-volume, high-mix electronic products. The profile explicitly states it does not manufacture its own proprietary products but acts as a contract partner for customers in the Aerospace, Defense, Healthcare, and Industrial sectors.
ALGM
2nd
Allegro Microsystems
$6.03Bn
32.36
+0.43%
+12.05%
The company produces sensor modules that measure motion, speed, position, and current, which are sold as building blocks to other device and equipment makers in the automotive and industrial sectors.
NPO
2nd
Enpro
$6.01Bn
283.96
-3.41%
+23.96%
Enpro manufactures and sells test and measurement sensors and sensing instruments, including those under the Advanced Micro Instruments brand, used for monitoring critical industrial applications.
PI
2nd
Impinj
$5.83Bn
190.88
-0.66%
-4.05%
The company sells finished readers, gateways, and tag production systems that serve as electronic components and hardware building blocks for its partners' RFID solutions.
DLB
2nd
Dolby Laboratories
$5.74Bn
60.88
+3.45%
-11.51%
The company designs and manufactures cinema hardware, including digital cinema servers, processors, and amplifiers, which are specialized server and storage hardware deployed in theater environments.
CRUS
2nd
Cirrus Logic
$5.43Bn
108.40
+0.06%
-11.58%
The company sells haptic sensors and other discrete electronic components as building blocks to OEMs for use in smartphones, wearables, and automotive systems.
LUMN
2nd
Lumen Technologies
$5.02Bn
4.87
+7.03%
-33.01%
Lumen provides SD-WAN and IP connectivity services, which are software-defined networking and network management tools used to move data packets across enterprise networks.
IRDM
2nd
Iridium Communications
$4.77Bn
44.99
-1.73%
+133.96%
The company derives income from the sale of satellite handsets, modems, and related equipment to distribution partners and end users.
SYNA
2nd
Synaptics
$4.59Bn
117.55
+0.16%
+68.80%
The company manufactures and sells discrete electronic components and sensor modules, specifically capacitive touch sensors and biometric fingerprint identifiers, as building blocks for other device makers.
DAO
2nd
Youdao
$4.52Bn
18.49
-4.64%
+64.94%
Youdao sells smart hardware devices such as dictionary pens and tutoring pens, which are portable computing devices for personal educational use.
BDC
2nd
Belden
$4.07Bn
104.17
+0.11%
-8.66%
The company provides networking hardware and software-defined networking capabilities, including matrix switching systems and rugged network infrastructure for industrial Ethernet and 5G applications. These products move data packets across enterprise and industrial networks.
VSH
Vishay Intertechnology
$4.06Bn
28.73
-0.52%
+69.30%
Vishay manufactures a vast portfolio of discrete electronic components, including resistors, inductors, and capacitors, which are sold as building blocks to OEMs and EMS providers. These products, such as wire wound power shunts and tantalum capacitors, fit the definition of discrete components and sensor modules sold to other device makers.
DIOD
2nd
Diodes
$3.92Bn
85.36
-1.56%
+53.61%
The company produces a vast portfolio of discrete devices, including MOSFETs, diodes, rectifiers, and transistors, which are sold as building blocks to original equipment manufacturers (OEMs).
LIF
2nd
Life360
$3.42Bn
42.14
+1.42%
-56.94%
The company designs and sells hardware tracking devices, specifically Tile Bluetooth trackers and Pet GPS units, which are portable computing devices for personal use.
NATL
2nd
NCR Atleos
$3.40Bn
46.05
+1.08%
+20.93%
The company designs and sells physical self-service banking hardware, including multi-function ATMs, cash dispensers, and cash recycling units, which are deployed as server-like infrastructure in financial and retail environments.
ONDS
2nd
Ondas
$3.36Bn
6.35
+3.42%
-33.23%
Ondas Networks sells the FullMAX software-defined radio platform and provides secure wide-area wireless connectivity hardware and software to rail and utility operators.
PENG
Penguin Solutions
$3.17Bn
61.86
-8.48%
+173.11%
The company's largest segment, Advanced Computing, sells high performance computing (HPC) platforms, AI solutions, and fault tolerant systems for data centers and cloud environments under brands like Penguin Computing and Stratus.
EQPT
2nd
EquipmentShare.com
$3.10Bn
14.41
+5.11%
—
The company designs, manufactures, and sells proprietary IoT hardware, specifically telematics trackers and access control keypads, as standalone products.
KN
Knowles
$2.95Bn
34.51
-1.06%
+46.29%
Knowles designs and manufactures discrete electronic components, specifically high-performance capacitors, radio frequency (RF) filters, microphones, and balanced armature speakers. These are sold as building blocks to original equipment manufacturers (OEMs) in the medtech, defense, and industrial sectors.
EXTR
Extreme Networks
$2.94Bn
22.40
-0.27%
+9.43%
Extreme Networks designs, develops, and manufactures wired, wireless, and software-defined wide area network (SD-WAN) infrastructure equipment. Its core revenue comes from the sale of this networking hardware and the associated software subscriptions used to move data packets across enterprise networks.
TDC
2nd
Teradata
$2.91Bn
31.27
+4.62%
+47.08%
The company's product sales include hardware offerings such as the MCP Server used to deliver its platform in hybrid and multi-cloud environments.
ALRM
2nd
Alarm.com Holdings
$2.83Bn
57.64
+1.69%
+12.71%
The company generates hardware revenue from the sale of connected devices, including video cameras, video recorders, gunshot detection sensors, and smart thermostats.
NTCT
2nd
Netscout Systems
$2.77Bn
38.76
+0.34%
+48.11%
Netscout sells visibility probes and packet flow systems delivered as hardware appliances that move and analyze data packets across enterprise and service provider networks.
DGII
Digi International
$2.72Bn
71.75
+0.53%
+88.27%
Digi International sells enterprise and industrial routers, console servers, and infrastructure management equipment used to move data packets across networks. These products, along with their managed network as a service solutions (Ventus), fit the description of networking hardware and software-defined networking.
LPL
LG Display
$2.67Bn
2.67
+0.00%
-48.36%
LG Display manufactures and sells display panels (LCD and OLED) which are discrete electronic components sold as building blocks to OEMs and brand owners. These panels are integrated into finished products like televisions, smartphones, and notebooks, matching the description of selling parts to OEMs rather than finished consumer devices.
BHE
Benchmark Electronics
$2.63Bn
73.17
-1.59%
+82.92%
Benchmark Electronics provides electronic manufacturing services (EMS), including printed circuit board assembly, subsystem and system integration, and complex electromechanical assembly for other brands. It operates as a contract manufacturer for OEMs in markets such as advanced computing, medical, and semiconductor capital equipment.
UCTT
2nd
Ultra Clean Holdings
$2.53Bn
55.83
-1.69%
+89.77%
The company acts as an outsourcing partner providing integrated outsourced solutions for major subassemblies, prototyping, and component manufacturing, competing with EMS providers like Jabil, Celestica, and Benchmark Electronics.
POWI
2nd
Power Integrations
$2.51Bn
44.97
+0.42%
-7.90%
In addition to integrated circuits, the company markets other electronic components used in high voltage power conversion for customers in the industrial and consumer sectors.
CALX
Calix
$2.34Bn
37.19
+3.22%
-37.73%
Calix sells networking hardware and software that moves data packets, specifically the Calix Access Edge and Calix Experience Edge solutions. These products form the network and premises layers for communication service providers, including broadband and fiber operators.
HLIO
2nd
Helios Technologies
$2.24Bn
67.93
-0.45%
+26.52%
The Electronics segment (36% of sales) manufactures customized electronic controls systems, displays, and wire harnesses, such as the PowerView and OpenView lines, which are sold as building blocks to OEMs for integration into machinery.
BELFA
Bel Fuse
$2.18Bn
176.77
-1.89%
+48.36%
Bel Fuse designs and manufactures discrete electronic components sold as building blocks to OEMs, specifically AC/DC power supplies, DC/DC converters, fuses, Polymeric PTC devices, and power inductors. These products are sold into a wide array of markets including servers, medical, and automotive, fitting the description of a company selling parts to other device makers.
OUST
Ouster
$2.15Bn
31.33
-1.69%
-14.93%
Ouster designs and manufactures lidar sensors, such as the OS and DF series, which are sold as electronic component building blocks to OEMs and technology providers. These sensors are used as the primary sensing hardware for autonomous navigation and perception across multiple industries.
HIMX
2nd
Himax Technologies
$2.11Bn
12.11
+1.09%
+27.47%
The company designs and manufactures advanced optical components, including wafer-level optics, diffractive optical elements (DOE), and refractive lenses, which are sold as building blocks for 3D sensing and AR/VR devices.
HSAI
Hesai
$2.09Bn
13.36
-4.16%
-42.01%
Hesai designs and manufactures LiDAR products and sensor modules, such as the AT, ET, and Pandar series, which are sold as building blocks to automobile manufacturers, Tier 1 suppliers, and robotics firms. These products are discrete electronic components (sensors) used by OEMs to enable 3D perception and spatial intelligence.
ZD
2nd
Ziff Davis
$2.04Bn
58.44
+1.78%
+58.25%
Under the Ookla brand, the company provides broadband, mobile, and Wi-Fi testing applications and analysis tools (Speedtest, Ekahau) to ISPs and mobile service providers.
NLST
Netlist
$1.99Bn
5.95
+1.88%
+859.68%
Netlist designs and sells high-performance memory subsystems, RDIMMs, and solid-state drives specifically tailored for data center and enterprise server performance. Its products are deployed in server rooms and datacenters to support AI, machine learning, and large-scale data processing.
KARO
2nd
Karooooo
$1.93Bn
62.54
+3.22%
+32.67%
The company leverages proprietary hardware that integrates with vehicles and equipment to feed data into its platform. It earns revenue from optional hardware installations and uses this vertically integrated hardware to differentiate itself from competitors.
ATEN
A10 Networks
$1.84Bn
25.39
-6.17%
+45.00%
A10 Networks provides networking hardware and software for application delivery and traffic management, including server load balancing, global load distribution, and carrier-grade NAT. These products are specifically designed to move data packets and manage traffic across enterprise and service provider networks.
BRSL
2nd
Brightstar Lottery
$1.81Bn
9.70
+1.46%
-42.74%
The company designs and maintains physical infrastructure for lotteries, including a broad installed base of more than 350,000 point-of-sale devices and transaction processing systems.
NN
Nextnav
$1.79Bn
10.71
-0.28%
-20.43%
Nextnav provides terrestrial-based positioning, navigation, and timing (PNT) solutions and is integrating 5G New Radio capabilities to combine location functions with broadband data capacity. Its revenue comes from service contracts with wireless carriers like AT&T and Verizon to embed these capabilities into their networks.
PRGS
2nd
Progress Software
$1.67Bn
40.87
+5.85%
-10.78%
Progress sells networking hardware and software appliances for load balancing and traffic management, specifically citing 'Progress Kemp LoadMaster'.
NYAX
2nd
Nayax
$1.66Bn
44.79
+0.18%
-5.09%
Nayax sells proprietary IoT-enabled POS hardware and advanced point-of-sale devices, which contributed 28.3% of its total revenue.
CTS
2nd
Cts
$1.58Bn
55.29
+0.04%
+39.37%
The company designs and manufactures a broad line of sensors, transducers, and sensor modules (the 'Sense' family) sold as building blocks to OEMs and tier one suppliers in the medical, industrial, and transportation markets.
CRSR
2nd
Corsair Gaming
$1.43Bn
13.24
+0.46%
+61.86%
The company manufactures and sells high-end prebuilt and custom-built gaming PCs and laptops, as well as AI workstations.
VISN
Vistance Networks
$1.32Bn
5.89
-0.17%
-62.10%
Vistance Networks sells networking hardware and software, including WiFi access points, aggregation switches, and cable modem termination systems. Its products are specifically designed to move data packets across networks for service providers and enterprises.
RDWR
2nd
Radware
$1.22Bn
28.37
-1.22%
+11.12%
The company sells the Alteon Application Delivery Controller and Load Balancer as a Service, which are networking tools used to move and manage data packets across networks.
SVMB
2nd
Jingbo Technology
$1.19Bn
2.15
+39.61%
+2.38%
The company sells physical hardware components used in its parking solutions, specifically license-plate recognition cameras, barriers, and gate controllers.
VNET
2nd
Vnet
$1.18Bn
4.40
-2.00%
-54.12%
VNET provides networking and connectivity solutions, including BGP-based connections, MPLS, SD-WAN, and SASE solutions for secure private network extensions.
HLIT
Harmonic
$1.15Bn
10.58
+5.69%
+3.32%
Harmonic provides broadband access solutions, including the cOS software platform and hardware such as distribution access nodes and optical line termination modules, to cable and telecom operators. These products are specifically designed to move data packets across networks and support DOCSIS and passive optical network services.
ITRN
2nd
Ituran Location & Control
$989.64Mn
49.96
-0.44%
+32.80%
The company sells and leases telematics hardware, specifically GPS/GPRS-based tracking devices and smart transmitters, which are electronic sensor modules sold as building blocks for its services.
SIFY
2nd
Sify Technologies
$851.11Mn
11.75
-3.53%
-16.78%
Sify offers managed network connectivity and WAN portfolio solutions such as SecureConnect and ExpressConnect, moving data packets across a network reaching over 1,700 cities.
POET
2nd
Poet Technologies
$795.07Mn
6.01
+2.91%
-27.76%
The company's primary market is the data center industry, where it supplies optical engines for high-speed transceivers used in AI-driven cloud infrastructure and networking equipment.
VPG
2nd
Vishay Precision
$788.40Mn
64.11
+0.98%
+73.32%
VPG designs and manufactures discrete electronic components and sensor modules, specifically precision resistors and strain gages, which are sold as building blocks to OEMs in the avionics, military, and medical markets.
FEIM
2nd
Frequency Electronics
$767.05Mn
69.98
-1.71%
+79.85%
The company manufactures discrete electronic components and modules, specifically RF microwave modules, frequency synthesizers, and quartz and rubidium based timing references sold as building blocks for larger systems.
AEVA
Aeva Technologies
$754.83Mn
10.99
+0.83%
-42.73%
Aeva designs and manufactures LiDAR sensors, specifically the Aeva Atlas and Eve series, which are sold as electronic component building blocks to automotive OEMs and industrial automation firms. These sensors are described as 'LiDAR on chip' using silicon photonics, fitting the description of sensor modules sold to other device and equipment makers.
LYTS
2nd
Lsi Industries
$747.96Mn
20.23
+0.70%
-11.12%
The company designs and manufactures digital display solutions, including fuel price signs, menu boards, and electronic message centers. These electronic components and signage systems are sold as hardware products to convenience stores, QSRs, and fuel retailers.
PAR
2nd
Par Technology
$718.47Mn
17.37
+9.87%
-51.41%
Par sells a significant volume of hardware peripherals, including POS terminals, tablets (PAR WAVE, PAR PHASE), wireless headsets, printers, and cash drawers.
KOPN
Kopin
$688.16Mn
3.81
-0.26%
-4.51%
Kopin manufactures discrete electronic components and sensor modules, specifically microdisplays (AMLCD, LCOS, OLED, and MicroLED) and optical systems, which are sold as building blocks to OEMs. These components are integrated into larger systems like thermal weapon sights, pilot helmets, and medical headsets by their customers.
KE
Kimball Electronics
$635.13Mn
26.50
-2.68%
-8.62%
Kimball Electronics operates as a contract manufacturing organization (CMO) providing printed circuit board assembly, high-level and final assembly, and box build services for other brands. It explicitly competes in the global electronics manufacturing services (EMS) industry and serves OEMs in the automotive, medical, and industrial sectors.
NTGR
Netgear
$605.55Mn
22.31
+0.59%
-35.96%
Netgear designs and sells networking hardware including advanced routers, enterprise switches, and WiFi 7 mesh systems. The company provides the hardware and software that moves data packets across networks for both residential and enterprise customers.
GILT
Gilat Satellite Networks
$594.34Mn
8.05
+0.50%
-44.44%
Gilat develops and manufactures networking hardware including VSAT terminals, modems, antennas, and transceivers used to move data packets across satellite networks. Its primary revenue comes from the sale of these products, such as the SkyEdge platforms, to satellite operators and communication service providers.
OOMA
2nd
Ooma
$566.08Mn
20.51
+2.91%
+82.96%
The company generates product revenue from the sale of on-premise and end-point hardware devices, specifically citing the Ooma AirDial base station and Ooma Telo models.
ADTN
ADTRAN Holdings
$530.20Mn
6.53
-1.66%
-29.41%
ADTRAN designs and sells networking hardware and software, including switches, carrier ethernet products, and optical networking solutions for metro optical transport and broadband access. Its core business is providing the hardware and software that moves data packets across networks from the core to the edge.
MEI
2nd
Methode Electronics
$510.08Mn
14.31
+0.28%
+94.43%
The company produces discrete electronic components and sensor modules, such as LED-based lighting and sensors incorporating magneto elastic sensing, which are sold as building blocks to automotive and industrial OEMs.
NVEC
Nve
$501.61Mn
103.70
-0.45%
+37.59%
NVE Corporation manufactures and sells discrete electronic components, specifically spintronic sensors, couplers, and MRAM devices, as building blocks for OEMs. These products are sold to manufacturers of robotics, factory automation equipment, and medical devices to be integrated into their larger systems.
QMCO
Quantum
$474.94Mn
21.60
-9.47%
+73.63%
Quantum designs and sells physical computing equipment for datacenter deployment, specifically primary and secondary storage systems such as Myriad All Flash Software Defined Storage, DXi Backup Appliances, and Scalar Tape Storage systems.
ALLT
Allot
$439.75Mn
9.04
+5.12%
-13.33%
Allot's Network Intelligence Solutions segment, which accounts for 63% of revenue, provides network visibility and traffic management tools like AllotSmart, Smart5G, and SmartTraffic QoE to mobile and fixed service providers. These products are designed to provide network visibility and control, fitting the description of software-defined networking and network management software.
OPTU
2nd
Optimum Communications
$423.42Mn
0.95
+7.95%
-62.89%
Through its Lightpath subsidiary, the company provides fiber-based networking and managed solutions to enterprise customers, hyperscalers, and government entities.
ACCO
2nd
Acco Brands
$422.77Mn
4.58
+2.46%
+20.21%
The company manufactures and sells technology accessories, specifically gaming peripherals and audio products through brands like PowerA and Kensington.
CLFD
Clearfield
$407.79Mn
29.99
-0.46%
-20.03%
Clearfield designs and manufactures networking hardware used to move data packets, specifically fiber management and delivery solutions like the FieldSmart series and WaveSmart optical components. These products are sold to broadband service providers to enable fiber-to-the-home and 5G backhaul deployments.
MRAM
2nd
Everspin Technologies
$341.50Mn
14.07
+3.00%
+18.04%
The company develops and sells tunnel magneto resistance (TMR) sensors, which are discrete sensor modules sold as building blocks to OEMs in industrial, medical, and automotive sectors.
AIOT
2nd
Powerfleet
$334.22Mn
2.49
-1.19%
-54.31%
The company generates revenue from the sale of its proprietary Internet of Things hardware devices, which include sensors and tracking hardware used to monitor assets in warehouses and logistics fleets.
TLS
2nd
Telos
$319.13Mn
4.27
+2.15%
-38.21%
The Secure Networks segment provides secure networking architectures, including the design, deployment, and defense of wired and wireless voice, data, and video networks.
AUDC
Audiocodes
$305.84Mn
11.29
+0.44%
+19.34%
AudioCodes sells networking hardware and software that moves data packets across networks, specifically session border controllers and media gateways. These products are core to their voice networking infrastructure and devices segment.
GOGO
2nd
Gogo
$304.87Mn
2.25
+6.64%
-76.27%
The company sells networking hardware including AVANCE platforms, Gogo Galileo Plane Simple terminals, and Satcom Direct routers used to move data packets across aviation networks.
MPTI
M-tron Industries
$293.23Mn
67.47
+0.85%
+18.81%
M-tron designs and manufactures discrete electronic components such as quartz crystal oscillators, RF and microwave filters, and power amplifiers. These products are sold as building blocks to original equipment manufacturers (OEMs) in the aerospace, defense, and industrial sectors.
ECX
2nd
ECARX Holdings
$291.88Mn
0.94
+1.08%
-56.28%
ECARX sells hardware components such as solid-state short-range and semi-solid rotating mirror long-range lidar products to vehicle manufacturers.
LTRX
Lantronix
$272.58Mn
5.85
-1.02%
+13.37%
Lantronix sells IoT System Solutions including routers, switches, gateways, and media converters that provide network routing and protocol conversion. These products are used to deliver secure network connectivity for industrial and commercial applications.
RBBN
Ribbon Communications
$253.86Mn
1.42
-2.74%
-63.78%
Ribbon Communications sells networking hardware and software, specifically IP routing solutions and optical transport capabilities through its IP Optical Networks segment. The company provides the infrastructure that moves data packets across networks for service providers and enterprises, including customers like Verizon.
BKTI
BK Technologies
$252.05Mn
66.89
+1.20%
-4.39%
The company designs and manufactures two-way land mobile radios and related accessories, which are hardware devices used to move data and voice packets across networks for public safety and commercial enterprises.
AVNW
Aviat Networks
$248.83Mn
19.44
+0.00%
-16.06%
Aviat Networks designs and manufactures wireless transport and access networking solutions, including microwave and millimeter wave radios and routers. These products are specifically used to move data packets across networks for mobile backhaul and broadband connectivity.
SILC
Silicom
$248.73Mn
43.59
-5.03%
+147.81%
Silicom designs and sells high-performance networking hardware, including white label switches, server adapters, and edge customer premises equipment used for SD-WAN and SASE. Its core business is providing the hardware and software-defined networking infrastructure that moves data packets across networks for cloud players and service providers.
XPER
2nd
Xperi
$243.24Mn
4.99
-1.19%
-26.18%
Xperi provides HD Radio technology and the DTS AutoStage infotainment platform, which include the networking and software-defined capabilities required to deliver digital terrestrial broadcast and integrated media to vehicles.
SSP
2nd
E.W. Scripps
$228.48Mn
2.83
+3.66%
+65.50%
The company sells the Tablo device, which is a hardware product used for over-the-air and streaming viewing.
SMRT
2nd
SmartRent
$228.02Mn
1.19
+3.48%
-20.67%
The company sells and delivers smart home hardware including Hub Devices, door locks, thermostats, sensors, and light switches as a material part of its revenue stream.
ASUR
2nd
Asure Software
$211.28Mn
7.33
+2.37%
-14.27%
The company sells physical hardware and offers Hardware as a Service for time and attendance devices, specifically mentioning clocks and biometric readers.
VUZI
Vuzix
$182.33Mn
2.16
-1.37%
-46.53%
Vuzix designs and manufactures AI-enabled smart glasses and wearable display systems, such as the M400, Blade, and Ultralite series, which are portable computing devices worn by the user.
CRNT
Ceragon Networks
$178.55Mn
2.02
+3.59%
-19.20%
Ceragon designs and sells microwave and millimeter wave radios and related software used for backhaul and fronthaul transport functions. These products move data packets between network sites for mobile network operators and private network customers.
USBC
2nd
Usbc
$178.55Mn
0.46
+2.22%
-48.31%
The company maintains a legacy sensor business, which involves the manufacture or sale of electronic components, although it is currently being considered for divestiture.
ALMU
Aeluma
$170.50Mn
8.85
-2.96%
-58.63%
Aeluma manufactures and sells photodetectors, photodetector array circuits, and wafers used as building blocks for LiDAR, AR/VR, and mobile imaging. These are discrete electronic components and sensor modules sold to OEMs and system integrators rather than finished consumer devices.
CAN
2nd
Canaan
$166.92Mn
0.25
-3.85%
-87.24%
Canaan sells the Avalon Box, which is an integrated containerized mining solution for industrial-scale operations, representing physical datacenter-scale computing infrastructure.
INTT
Intest
$166.61Mn
12.99
-0.61%
+49.48%
InTest designs and manufactures electronic test equipment, including wafer probing systems and test handlers, sold to semiconductor manufacturers and other industries. This aligns with the T-15 description of companies making electronic test, measurement, and instrumentation equipment.
OSS
One Stop Systems
$163.36Mn
6.55
+1.71%
+3.97%
One Stop Systems designs and manufactures server systems, storage arrays, and high-performance compute platforms like the Rigel Edge Super Computer and Torrey Break. These products provide datacenter-level performance, including multi-GPU systems and high-density flash storage, specifically for edge and mobile deployments.
SANG
2nd
Sangoma Technologies
$160.03Mn
4.80
+1.48%
+1.05%
The company sells physical hardware that complements its software platforms, specifically IP deskphones and headsets.
SUPX
SuperX AI Technology
$156.52Mn
7.06
-0.70%
-89.19%
The company designs and oversees the assembly of 'SuperX' branded AI servers, specifically the XN9160-B200 and XN9160-B300 models, which are sold to hyperscalers, research institutions, and cloud providers for AI training and inference workloads.
OWLT
2nd
Owlet
$127.64Mn
4.43
+0.23%
-50.17%
The company develops wearable computing devices for personal use, specifically infant monitors that track vital signs and sync with mobile applications.
DVLT
2nd
Datavault AI
$119.62Mn
0.14
+7.69%
-93.33%
The Acoustic Sciences division licenses patented semiconductor and digital module technologies for wireless audio and data over sound to electronics manufacturers like Bang & Olufsen and Harmon Kardon.
IH
2nd
iHuman
$117.55Mn
1.15
+0.00%
-59.93%
The company designs and sells smart hardware devices for children, specifically the iHuman AI Pal plush companion and AI-enabled bilingual learning tablets.
TCX
2nd
Tucows
$117.19Mn
10.50
+9.49%
-43.09%
The Wavelo segment sells cloud-based software platforms for network orchestration and billing management, such as the Mobile Network Operating System, specifically to communication service providers like EchoStar.
OCC
Optical Cable
$116.44Mn
14.20
-2.34%
+40.59%
Optical Cable Corporation manufactures discrete electronic components and connectivity building blocks, specifically fiber optic and copper cabling, connectors, and patch cords. These products are sold as components to OEMs, distributors, and network operators rather than as finished consumer devices.
KVHI
2nd
Kvh Industries Inc \De\
$116.15Mn
6.02
-1.15%
+3.26%
The company sells hardware consisting of marine satellite antennas and related equipment, as well as providing network and bandwidth management services.
CODA
2nd
Coda Octopus
$111.91Mn
9.92
-0.10%
-0.30%
The company provides acoustic sensor design, hydrophone manufacturing, and calibration services for medical ultrasound and non-destructive testing applications.
MX
2nd
Magnachip Semiconductor
$100.40Mn
2.75
+3.00%
-12.42%
The company sells discrete power devices such as MOSFETs and IGBTs, which are discrete electronic components sold as building blocks to OEMs and subsystem designers.
RSKIA
2nd
George Risk Industries
$97.28Mn
19.90
+1.02%
+14.04%
The company has a dedicated Keyboard and proximity switch division that designs and manufactures custom computer keyboards and proximity switches for OEMs and distributors.
PALX
2nd
Palomino Laboratories
$93.95Mn
14.00
-2.23%
—
The company's products are specifically designed for deployment in AI servers, cloud computing platforms, and hyperscale data centers to overcome bandwidth and thermal limitations of existing interconnects.
INSE
2nd
Inspired Entertainment
$89.34Mn
3.39
-1.45%
-58.71%
The company designs and sells physical gaming terminals and amusement machines for use in casinos, betting offices, and leisure venues. It maintains an installed base of approximately 35,000 terminals in its Gaming segment and 5,800 in its Leisure segment.
SODI
2nd
Solitron Devices
$79.91Mn
37.12
-2.29%
+107.37%
The company produces and sells discrete electronic components, such as power diodes and hybrid circuits that integrate capacitors and resistors on ceramic substrates, as building blocks for defense contractors like RTX Corporation and Northrop Grumman.
CSPI
Csp
$74.53Mn
7.41
-1.98%
-36.99%
The company's High Performance Products (HPP) segment specifically designs, develops, and sells high performance computing systems and networking equipment, which are core components of server and storage hardware infrastructure.
AEAE
2nd
AltEnergy Acquisition
$72.22Mn
12.01
+0.00%
+0.84%
The company is in the process of acquiring Car Tech, LLC, which is engaged in the automotive technology sector focusing on vehicle electronics and related components. These products are electronic components sold as building blocks for vehicles.
FATN
Fatpipe
$70.49Mn
4.99
+3.74%
-1.77%
FatPipe sells SD-WAN and SASE solutions, which are specifically described in the taxonomy for T-13 as software-defined networking and network management software that moves data packets across networks. The company generates primary revenue from subscriptions to these SD-WAN and network monitoring services.
INSG
Inseego
$68.07Mn
4.15
+3.23%
-73.43%
Inseego designs and sells networking hardware including 5G/4G MiFi hotspots and Wavemaker fixed wireless access routers and gateways. The company also provides SD-WAN failover management and cloud tools for WAN visibility and orchestration, which fits the description of networking equipment and software-defined networking.
UEIC
Universal Electronics
$66.74Mn
5.18
+4.02%
+14.35%
The company designs and manufactures electronic components and sensor modules, such as low-power radio-frequency microcontrollers and peripherals for sensing temperature, humidity, and occupancy, which are sold as building blocks to OEMs.
AMPG
2nd
AmpliTech
$65.92Mn
2.57
-1.53%
-39.24%
The company's AGMDC division designs and manufactures monolithic microwave integrated circuit (MMIC) components, which are discrete electronic components sold as building blocks for satellite and 5G communications.
LINK
Interlink Electronics
$65.05Mn
4.13
-2.36%
-36.95%
Interlink Electronics designs and manufactures discrete sensor modules, including force, touch, piezoelectric, and electrochemical gas sensors, which are sold as building blocks to OEMs. These products, such as FSR sensors and integrated pointing modules, are used by customers in the medical, automotive, and consumer electronics industries.
ARBE
2nd
Arbe Robotics
$60.10Mn
0.49
-2.00%
-80.40%
The company provides imaging radar solutions and components that serve as building blocks for radar systems, which are sensor modules sold to OEMs and Tier 1 suppliers.
INVZ
Innoviz Technologies
$59.95Mn
0.28
+0.00%
-87.93%
Innoviz Technologies designs and manufactures LiDAR sensor platforms, which are specific sensor modules sold as building blocks to OEMs and Tier 1 partners. The company generates revenue primarily from the sale of this LiDAR sensor hardware.
INVE
INVE Technologies
$55.10Mn
2.29
-0.43%
-33.62%
Identiv designs and manufactures discrete electronic components and sensor modules, specifically RFID inlays, tags, labels, and Bluetooth Low Energy (BLE) devices. These are sold as building blocks to OEMs, RFID converters, and system integrators who embed them into their own products.
AIRG
Airgain
$54.79Mn
4.19
+3.46%
+1.45%
Airgain designs and sells networking hardware including smart network controlled cellular repeaters, embedded cellular modems, and 5G vehicle gateways. These products, along with the associated network management software, are used to move data packets across wireless networks for enterprise, automotive, and consumer customers.
ZEPP
Zepp Health
$54.15Mn
3.20
-7.51%
-94.14%
Zepp Health designs and sells consumer wearable devices, specifically smartwatches and smart bands under the Amazfit and Zepp brand names. Its core revenue is generated from these portable computing devices used for health and fitness tracking.
TRT
2nd
Trio-Tech International
$53.69Mn
5.17
+0.98%
+27.03%
The company provides specialized testing services in dedicated labs, covering electrical, environmental, and burn-in evaluations for integrated circuits and other electronic components.
IPWR
Ideal Power
$52.71Mn
3.21
+1.58%
-38.86%
Ideal Power sells discrete B-TRAN® switches and SymCool® Power Modules, which are discrete electronic components and power modules sold as building blocks to OEMs. These products are used by customers like Stellantis and circuit protection manufacturers for integration into larger systems such as EV drivetrain inverters.
SPCB
2nd
SuperCom
$49.88Mn
9.29
+3.80%
-9.63%
The company designs and sells electronic components and hardware used as building blocks for its systems, specifically smart card-based identification hardware and RFID tags.
WATT
Energous
$49.47Mn
8.95
+0.11%
+0.56%
Energous sells receiver integrated circuits, such as the e Sense tag, and transmitter systems that act as building blocks for IoT devices. These products are sold as components to OEMs and enterprise customers in retail, healthcare, and industrial sectors to enable battery-free sensing.
DSWL
Deswell Industries
$48.77Mn
3.07
-0.32%
-12.78%
Deswell Industries operates as a contract manufacturer for OEMs, providing electronic assembly services including printed circuit board assemblies using surface mount technology. This segment is the company's largest business line, contributing 83.4% of total sales in fiscal 2025.
REKR
2nd
Rekor Systems
$48.17Mn
0.35
+2.94%
-86.64%
The company sells proprietary hardware products, specifically the Rekor Edge Max, Rekor Edge Pro, and Rekor Edge Flex, which function as edge computing sensor modules for roadway data collection.
ACFN
Acorn Energy
$47.03Mn
18.74
-0.53%
-26.80%
Acorn Energy sells physical monitoring devices such as the OmniPro, Omni, Hero 2 Rectifier Monitor, and Patriot Plus Test Station Monitor. These are electronic sensor modules and control hardware sold as building blocks to integrate with power generation and cathodic protection systems.
ELTK
Eltek
$45.69Mn
6.80
-5.56%
-39.12%
Eltek manufactures custom-made printed circuit boards (PCBs), including rigid, flexible, and flex-rigid boards, for other brands and OEMs in the defense, aerospace, and medical sectors. This activity matches the description of electronic manufacturing services (EMS) providing PCB assembly and system integration for various end markets.
UAVS
2nd
AgEagle Aerial Systems
$44.71Mn
0.72
+1.41%
-69.23%
AgEagle designs and manufactures advanced imaging sensors, including the RedEdge-P and Altum-PT multispectral and thermal sensors, which are sold as hardware components for aerial data collection.
LGL
Lgl
$43.82Mn
6.70
+1.67%
+5.68%
The company's Electronic Instruments segment, operated through Precise Time and Frequency LLC, designs and manufactures high performance frequency and time reference standards, time code generators, and calibration sources for metrology and test equipment. These products are sold to customers in telecommunications, satellite communications, and electric utilities for timing and synchronization.
CMTL
Comtech Telecommunications
$43.44Mn
1.45
+13.28%
-56.33%
Comtech designs and manufactures networking hardware and software that moves data packets, specifically satellite modems, high-power amplifiers, and troposcatter systems for secure communications. Its products facilitate the transmission of voice, video, and data across various satellite constellations and long-distance wireless links.
SYPR
2nd
Sypris Solutions
$41.22Mn
1.79
-0.56%
-17.89%
Through its Sypris Electronics segment, the company provides circuit card and full 'box build' manufacturing, systems assembly, and integration as a subcontractor for large aerospace and defense companies.
LIDR
AEye
$40.44Mn
0.87
+3.57%
-72.38%
AEye designs and sells lidar sensors, which are specialized sensor modules used as building blocks for other device and equipment makers. The company generates revenue from the direct sale of these sensors and by licensing its Intelligent Sensing Platform to partners and Tier 1 suppliers.
BZAI
2nd
Blaize Holdings
$38.55Mn
0.27
+12.50%
-95.71%
Blaize generates revenue from selling third-party hardware solutions, specifically servers and small form factor stand-alone systems that host its proprietary AI technology for data center infrastructures.
NTIP
2nd
Network-1 Technologies
$35.21Mn
1.54
+0.00%
+0.65%
The company holds and monetizes patents specifically addressing machine-to-machine (M2M) communications and smart home interoperability, which are core components of networking equipment and connectivity infrastructure.
RYET
2nd
Ruanyun Edai Technology
$28.80Mn
0.81
-2.41%
-41.73%
The company sells physical hardware products including SmartExam and SmartHomework devices, as well as Smart headsets, which serve as the delivery mechanism for its educational services.
MVIS
Microvision
$28.72Mn
1.23
+5.13%
-94.10%
MicroVision designs and manufactures lidar sensors (such as MOVIA, MAVIN, IRIS, and HALO) which are sold as electronic component building blocks to automotive OEMs, Tier 1 suppliers, and industrial automation companies.
LTCH
2nd
Latch
$28.16Mn
0.17
-10.53%
+54.55%
The company designs and sells proprietary hardware devices, including smart locks (Latch C, M, and Interconnect series) and readers (Latch R), as a material part of its revenue stream.
DAIO
Data I
$27.86Mn
2.68
-2.55%
-13.83%
Data I/O designs and manufactures systems used to program flash memory, microcontrollers, and secure elements, which are essential electronic test and measurement instruments for electronics manufacturers. Their revenue is driven by the sale of these programming platforms (e.g., LumenX2), adapters, and associated software and maintenance services.
FKWL
Franklin Wireless
$26.51Mn
2.25
+0.00%
-55.18%
Franklin Wireless designs and sells networking hardware including fixed wireless routers and machine-to-machine gateways used to move data packets across networks. These products are sold to wireless operators and distributors to provide broadband connectivity.
KTCC
Key Tronic
$23.46Mn
2.16
+0.93%
-34.55%
Key Tronic operates as an independent contract manufacturer providing printed circuit board assembly, box build, and final product assembly for original equipment manufacturers (OEMs). Its revenue is generated through manufacturing contracts for a diverse range of products across consumer electronics, industrial automation, medical technology, and automotive sectors.
TBTC
2nd
Table Trac
$23.21Mn
5.00
+2.04%
+10.62%
The company designs and manufactures its own slot machine interface boards, which are electronic components sold as part of its integrated systems to casino operators.
REFR
Research Frontiers
$22.32Mn
0.64
+1.59%
-64.04%
Research Frontiers develops and licenses SPD-SmartGlass, which consists of microscopic particles suspended in a fluid medium between plastic layers, serving as a specialized electronic component for light control. The company sells this technology to original equipment manufacturers (OEMs) in the automotive, aircraft, and marine industries to be integrated into end products like sunroofs and windows.
UTSI
Utstarcom Holdings
$21.96Mn
2.39
+2.14%
+1.70%
Utstarcom designs and sells networking hardware including Converged Packet Transport platforms, disaggregated router systems, and Next-Generation Packet Transport Network equipment. It also provides Software Defined Networking (SDN) controllers and synchronization products for LTE and 5G networks, which are core components of networking infrastructure.
SPRS
Surge Components
$19.79Mn
3.45
-3.09%
+21.05%
The company sells discrete electronic components, specifically capacitors, diodes, transistors, rectifiers, and audible components like buzzers and microphones, as building blocks for other device makers. These products are sold to original equipment manufacturers (OEMs) for use in automobiles, telecom, and consumer electronics.
FOXX
Foxx Development Holdings
$16.34Mn
2.31
-6.85%
-43.10%
The company's primary revenue is generated from the sale of its own branded smartphones and wearables, selling over 300,000 smartphones in the most recent fiscal year.
LEDS
SemiLEDs
$16.22Mn
1.96
-2.97%
-19.34%
SemiLEDs manufactures and sells LED chips, components, and modules which are discrete electronic components and sensor products sold as building blocks to packagers, distributors, and OEMs.
TRCK
Track
$16.17Mn
0.50
+0.00%
+25.00%
The company designs and manufactures GPS tracking devices, such as the ReliAlert XC4 and XC3, which are electronic sensor modules sold as part of a monitoring solution. These devices incorporate patented location technology, on-board processing, and anti-tampering capabilities.
FXHO
2nd
UTime
$14.64Mn
8.65
-4.95%
-99.86%
The company designs and manufactures smartphones and AI-powered wearable devices such as smart headsets, watches, and bracelets.
VEEA
Veea
$13.81Mn
4.84
-5.28%
-73.78%
Veea sells the VeeaHub, which integrates WiFi access points, routers, firewalls, and cellular modules to move data packets across networks. Its revenue is derived from selling this networking hardware and the VeeaCloud software stack that manages it for service providers and enterprises.
WETH
Wetouch Technology
$12.78Mn
1.02
+4.08%
-42.37%
Wetouch Technology manufactures and sells projected capacitive touchscreens, which are discrete sensor modules sold as building blocks to other device makers. Its customers include manufacturers of automotive systems, point of sale equipment, and medical devices who integrate these screens into their finished products.
MYND
Mynd.ai
$12.48Mn
0.27
+3.85%
-63.01%
The company generates its primary revenue from the sale of interactive flat panel displays and associated hardware accessories like wall mounts, styluses, and audio bars. These products function as output devices and peripherals that plug into or enhance computing environments for classrooms and meeting rooms.
MOBX
2nd
Mobix Labs
$12.30Mn
0.82
+10.81%
-90.82%
Mobix Labs manufactures and sells discrete electronic components such as electromagnetic interference (EMI) filter inserts and connectors as building blocks for OEMs and ODMs.
EBON
2nd
Ebang International Holdings
$12.12Mn
1.93
+0.00%
-61.86%
The company sells fiber optic access devices, MPLS, MSAP, and WDM DCI products, as well as GPON FTTR terminals to major telecom carriers in China.
SPPL
2nd
Simpple
$9.61Mn
1.66
-5.14%
-74.38%
The 'SIMPPLE Exchange' business line sells IoT sensors and facility assets, such as smart toilet sensors, water and electrical meters, and CCTV cameras, as building blocks for facility automation.
TAIT
Taitron Components
$9.52Mn
1.81
-7.65%
-28.46%
Taitron designs and sells ODM electronic components and discrete semiconductors as building blocks for OEMs and CEMs. Their product offerings specifically include discrete semiconductors and small electronic devices sold to other equipment makers.
MSAI
2nd
MultiSensor AI Holdings
$9.40Mn
4.26
+0.71%
-79.48%
The company sells a variety of sensor hardware, including visible light, infrared, ultraviolet, acoustic, and vibration sensors, as standalone units or integrated bundles.
UCL
uCloudlink
$9.09Mn
0.24
+4.35%
-88.94%
The company provides mobile data connectivity services and a platform that dynamically selects optimal networks across 167 countries, effectively providing the software-defined networking and management that moves data packets across networks. Its core business is based on proprietary cloud SIM technology and architecture to enable seamless connectivity for users and enterprises.
VISL
Vislink Technologies
$8.78Mn
3.56
+1.42%
+84.46%
Vislink designs and sells networking hardware and software that moves data packets, specifically high-quality live video and data, using RF, 5G, cellular, IP, and MESH networks. Its product lines, such as the Quantum Receiver and various COFDM transmitters, are purpose-built for the transmission and management of data across networks.
GHST
2nd
GHST World
$7.81Mn
0.06
+0.00%
+50.00%
The Smart Shin Guard is a wearable device that integrates sensors to capture performance data, fitting the description of a body-worn computing device for personal use.
PCLA
PicoCELA
$7.73Mn
6.70
+12.79%
-48.66%
PicoCELA designs and sells PCWL series mesh WiFi access point devices and proprietary PBE wireless mesh software used to build enterprise networks. Its primary revenue comes from these networking hardware sales, which account for approximately 80% of its total revenue.
NIXX
Nixxy
$7.23Mn
0.25
+19.05%
-86.26%
Nixxy operates AuraLink AI Inc., which provides wholesale SMS messaging, billing systems, and network analytics for telecommunications carriers and operators. These products are designed to move data packets and manage communication networks, fitting the description of networking equipment and software.
AIMD
Ainos
$7.09Mn
0.96
+0.00%
-77.41%
Ainos sells the AI Nose, an electronic olfaction system that combines gas sensor arrays with AI models to digitize scent and volatile organic compound signals. This hardware is sold as a measurement instrument for point-of-care testing and industrial monitoring in semiconductor manufacturing.
ARBB
2nd
Arb Iot
$7.08Mn
4.01
-0.74%
-38.96%
The company has secured major orders for AI server supply deals worth approximately $45 million and $53 million with GKSB and Whizzl Group, and has strategic partnerships with ASUSTek and ServerSphere for AI server solutions.
DTST
Data Storage
$6.93Mn
3.09
-3.44%
-27.97%
The company's core revenue is generated through Nexxis, which provides SDWAN communication solutions, data transport, and managed WAN infrastructure. These products are specifically designed to move data packets across networks for enterprise customers.
WYTC
Wytec International
$6.60Mn
0.39
-22.00%
-81.86%
Wytec designs and develops wide area networks and the LPN 16 small cell device, which incorporates micro radios and network connectors to support 5G and private LTE deployments. The company sells these networking hardware and software solutions to school districts, government agencies, and commercial enterprises for cellular enhancement and connectivity.
MMTIF
Micromem Technologies
$6.16Mn
0.01
+0.00%
-75.00%
Micromem Technologies designs and develops nanowire-based sensor platforms for gas and biochemical detection, which are electronic components sold as building blocks for industrial and medical applications. The company specifically targets the commercialization of these sensor solutions for customers in the energy, environmental, and healthcare sectors.
LZMH
2nd
LZ Technology Holdings
$6.03Mn
0.89
-3.26%
-98.60%
The company sells intelligent access control devices and hardware, including access control monitors and safety management systems, to property developers and management companies.
IOTR
iOThree
$5.90Mn
2.57
+16.29%
-23.74%
iOThree designs, installs, and manages shipboard communication networks, providing integrated satellite connectivity (L band, VSAT, LEO Starlink) and networking hardware such as antennas and modems. Its primary revenue comes from these connectivity services and the sale or lease of the networking equipment used to move data packets across maritime networks.
CHAI
Core AI Holdings
$4.18Mn
0.21
+0.00%
-95.67%
The company designs and manufactures rugged PoC smartphones, such as the SD7, SD7+, and SD7-ULTRA, which are portable computing devices for personal and professional use. These handsets are sold to cellular carriers and enterprise customers as replacements for traditional radios.
MKDW
MKDWELL Tech
$4.04Mn
0.87
+6.10%
-86.82%
MKDWELL designs and manufactures electronic components and sensor modules, specifically LiDAR (TOF laser radar), electronic control units (ECUs), and circuit boards, which are sold as building blocks to automotive and industrial OEMs.
SCKT
Socket Mobile
$3.97Mn
0.48
+2.13%
-52.00%
Socket Mobile designs and sells cordless data capture devices, such as barcode scanners and RFID/NFC readers, that function as peripherals connecting to smartphones and tablets via Bluetooth. These products are sold as add-ons to computing devices rather than as standalone computers.
OST
Ostin Technology
$3.89Mn
1.70
+0.00%
+0.00%
Ostin Technology designs and manufactures thin film transistor liquid crystal display (TFT-LCD) modules and polarizers, which are electronic components sold as building blocks to OEMs. These components are integrated into laptops, monitors, tablets, and automotive infotainment systems.
HIHO
2nd
Highway Holdings
$3.79Mn
0.82
+2.50%
-49.38%
The company operates as a contract manufacturer for OEMs, specifically through its Electric OEM segment which handles electronic assembly, printed circuit board fabrication, and the production of power supplies and motor controllers.
DPU
Top KingWin
$3.42Mn
1.45
+0.69%
-62.04%
The company's largest revenue stream (83%) comes from the sales of devices for data collection and analysis, specifically focusing on computing power and data analytics equipment for SMEs. This aligns with the provision of physical computing equipment for data processing and infrastructure.
BKYI
2nd
Bio Key International
$3.06Mn
2.95
+1.37%
-60.67%
The company sells physical electronic components and sensor modules, specifically fingerprint scanners like the ECO ID II and SidePass, as well as FIDO-compliant security keys.
MRM
2nd
Medirom Healthcare Technologies
$3.00Mn
0.38
+11.76%
-83.97%
The company designs and sells the MOTHER Bracelet wearable device as part of its digital preventive healthcare segment.
ZICX
2nd
Zicix
$2.92Mn
0.23
+0.00%
-80.99%
The company sells tangible hardware products, specifically 'naked eye 3D LED displays and related equipment,' as a distinct product sales segment.
PN
2nd
PN Smart Energy
$2.92Mn
2.23
+0.00%
-84.27%
The company operates an HPC Servers segment that provides new and used GPU and high performance computing servers, as well as 20-foot mobile data center units, to data center operators and enterprises.
IVDA
2nd
Iveda Solutions
$2.88Mn
0.23
+0.00%
-83.33%
The company sells a wide range of IoT sensors and devices, including environmental sensors, smart plugs, and body temperature pads, as building blocks for its smart city and commercial ecosystems.
BOXL
2nd
Boxlight
$2.77Mn
3.32
-2.06%
-95.12%
The company produces and sells a wide array of hardware peripherals and output devices, including interactive flat panel displays, LED video walls, cameras, and classroom audio systems.
FCUV
2nd
Focus Universal
$1.99Mn
3.52
-2.49%
-97.81%
The company designs and manufactures sensor modules that integrate multiple measurement capabilities, such as temperature, pressure, and flow, which serve as building blocks for data acquisition and control systems.
DAIC
2nd
CID Holdco
$1.84Mn
1.31
-11.49%
-98.17%
The company manufactures specific hardware components, including passive and active RFID tags and bridges through its subsidiary Dot Works, which serve as the building blocks for its tracking system.
CCTG
CCSC Technology International Holdings
$1.49Mn
0.38
+8.57%
-96.81%
The company designs and manufactures interconnect products, including connectors, cables, and wire harnesses, which are discrete electronic components sold as building blocks to OEMs. Its customers include multinational manufacturers like Philips and Osram, and EMS providers like Flextronics.
WLDS
Wearable Devices
$1.22Mn
1.27
+5.83%
-96.18%
The company designs and sells the Mudra Band and Mudra Link, which are wearable wristbands used for controlling digital devices. These are portable, body-worn computing devices sold directly to consumers.
SVRE
2nd
SaverOne 2014
$1.14Mn
1.65
+35.25%
-89.74%
The company sells proprietary hardware and RF sensors as building blocks for vehicle safety, specifically providing OEM products intended for integration during vehicle manufacturing by OEMs and Tier 1 suppliers.
OMQS
2nd
Omniq
$1.06Mn
0.07
-12.50%
-12.50%
The company sells a total solution that includes hardware and edge computing infrastructure, specifically networked camera infrastructure and imaging sensors, as part of its technology platform.
ASNS
Actelis Networks
$1.04Mn
0.05
+25.00%
-99.15%
Actelis sells networking hardware including hybrid fiber aggregation switches and high density Ethernet devices used for wide area applications. Its core business is providing the hardware and management software that moves data packets across networks for government, utility, and rail customers.
ZSPC
2nd
zSpace
$1.01Mn
0.10
-16.67%
-99.67%
The company designs and sells proprietary computing devices, specifically the Inspire and Imagine laptops, which serve as the hardware foundation for its 3D learning platform.
TRUG
2nd
TruGolf Holdings
$731.47K
1.36
-1.45%
-94.11%
The company designs and manufactures hardware such as the APOGEE and LaunchBox launch monitors, which are embedded computing devices used to track ball flight and player data.
KUST
Kustom Entertainment
$331.97K
4.01
+7.80%
-86.43%
The company designs and manufactures electronic components and sensor modules, specifically in-car video systems (EVO HD DVM 800) and body-worn cameras (FirstVu Pro), sold to law enforcement and commercial fleet operators.
AIXI
2nd
Xiao-I
$213.75K
2.81
-2.43%
-90.94%
The company develops and sells hardware-embedded AI products, specifically mentioning AI-powered smart glasses as a source of revenue.
LUCYW
2nd
Innovative Eyewear
$177.44K
0.03
-7.67%
-74.82%
The company's products are wearables with embedded computing, specifically smart glasses that allow hands-free smartphone task execution and voice assistant integration.
SMX
2nd
SMX (Security Matters) Public
$161.64K
3.60
+1.12%
-97.57%
The company designs and sells proprietary hardware, specifically its patented readers and marking systems, which serve as electronic components for authenticity verification.
TAOP
2nd
Taoping
$151.67K
0.34
-12.82%
-88.47%
The Cloud based Technology (CBT) segment specifically generates revenue from the sale of high-end data storage servers.
RPGL
2nd
Republic Power
$16.66K
13.33
-13.94%
-99.59%
The company sells peripheral hardware and hardware accessories that accompany its software installations, such as IoT sensors used in its cruise terminal and airport solutions.
CLRI
2nd
Cleartronic
$0.00
0.00
—
-100.00%
The company sells AudioMate IP gateway hardware, which provides radio interoperability allowing disparate communication systems to work together, fitting the description of networking equipment that moves data packets across networks.
CMBMF
Cambium Networks
$0.00
0.00
—
-100.00%
Cambium Networks designs and manufactures networking hardware including fixed wireless radios, Ethernet switches, and Wi-Fi access points. Its core business is providing the hardware and software-defined networking (SD-WAN) that moves data packets across enterprise and service provider networks.
GTCH
GBT Technologies
$0.00
0.00
—
—
GBT Technologies develops and licenses wireless mesh network platforms and fixed solutions designed to improve the efficiency and coverage of networks operated by telecom carriers, enterprises, and government agencies. These products specifically target the movement of data packets across LAN, MAN, and WAN networks.
ITOX
Iiot-Oxys
$0.00
0.00
—
—
The company designs, builds, and sells Edge Computing systems, which are physical computing equipment deployed at the edge of networks for industrial use. This aligns with the description of server and storage hardware and rack-scale infrastructure used for datacenter and edge deployment.
SELXF
Semilux International
$0.00
0.00
—
-100.00%
The company designs and manufactures semiconductor solutions, laser light modules, and solid-state LiDAR modules (utilizing OPA, VCSEL, FMCW, and ASIC chips) sold as components to automotive OEMs and tier-one suppliers like Foxconn, Pegatron, and ZF Group.
