Neusoft's automotive revenue fell 14.7% as it picked Qualcomm for its next cockpit ECU
The Chinese software house reported its largest segment shrinking in the first half, while naming Snapdragon Ride Flex as the basis for its next-generation cockpit domain controller.
Neusoft Corporation reported revenue of 1.772 billion yuan from its intelligent automotive connectivity segment for the first half of 2026, down 14.71 percent year on year, at a gross margin of 13.77 percent. The segment remains the company’s largest, and group revenue fell 6.26 percent to 4.396 billion yuan.
The report set two figures against that decline. Overseas business in the segment grew 67 percent, and the value of new design wins grew more than 20 percent year on year, with shipments up over the same period.
Neusoft restated a strategic cooperation with Qualcomm, announced in June, covering a product roadmap and development schedule for the Chinese market, and said it will build its next-generation intelligent cockpit domain controller on Qualcomm’s Snapdragon Ride Flex system-on-chip. A separate agreement with Tencent Cloud covers integrating on-device large-model capability into a cockpit product. The company also introduced a cockpit software platform it calls NAGIC.AI, built on what it described as a combined distributed and centralized architecture, offering both an add-on compute unit for vehicles already in service and a full stack from operating system to applications for new ones.
OneCoreGo shipments grew nearly 90 percent year on year, and version 7.0 is used by more than 40 automakers across over 130 countries and regions. The company said it has led or joined more than 70 international and national standards, and reported design wins in the period from Geely, FAW, Changan, Chery and Leapmotor.