Pateo Secures Dual-Brand Award from Global Automotive Leader for Snapdragon 8295-Based Smart Cockpit Systems

Pateo Connect+ (HKEX: 02889) recently announced its first entry into the global supply system of a leading international automotive group, securing定点 awards for vehicle models under two brands within the group. The two projects correspond respectively to a global model from the group’s premium luxury brand and an overseas-bound model from its mid-to-high-end brand, with these vehicles targeting international markets including Europe, the Middle East, and South America. Pateo will supply high-end intelligent cockpit domain controllers and AI-powered in-vehicle interaction systems based on Qualcomm’s fourth-generation Snapdragon® 8295 platform for these models. The company stated that this定点 award marks a strategic shift in its globalization approach—from “single-point breakthrough” to “scaled expansion”—and represents an upgrade in its customer structure, moving from supporting Chinese brands’ overseas expansion to entering the global supply chain of a top-tier international automaker. As a new supplier, Pateo’s immediate coverage of two brands within the group demonstrates the rapid cross-brand and cross-regional scalability of its platform-based technology system. Technologically, both brand projects leverage Pateo’s full-stack capabilities centered on AI and integrating hardware, software, chips, and cloud services. The company has completed deep, integrated hardware-software optimization for the Qualcomm Snapdragon 8295 chip and implemented differentiated features—including multimodal human-vehicle interaction, multi-screen synergy, and on-device large-model deployment—tailored to each brand’s distinct positioning. Pateo has established a comprehensive AI technology framework encompassing on-device model deployment, cloud-service coordination, multimodal interaction, and AI Agents, with related applications now transitioning from technical validation to global mass production. Financially, Pateo reported revenue growth exceeding 100% year-over-year in the first quarter of 2026. The company attributes this momentum to the synergistic advancement of three key growth vectors: premiumization, AI integration, and globalization. This定点 award is expected to further accelerate all three: enhancing penetration in high-value premium segments through luxury brand models; accelerating commercialization of AI applications via global delivery of on-device large models and AI-powered in-vehicle interaction systems; and continuously improving profitability through higher-margin global projects.