Fibocom Wireless Inc. (Ticker: 638 HK) is a Chinese company specializing in wireless communication modules, data transmission, smart and AI modules, and related customized solutions such as Edge AI, IoT and robotic solutions. Fibocom plans to list its IPO on HKEX on October 22, 2025, offering 135.08M primary shares at an expected price range of HKD 19.88–21.50, raising HKD 2.90B ($373.54M). Managers are ABCI Capital Ltd, CLSA Ltd, CMB International Capital Ltd, China Sunrise Securities International Ltd, Futu Securities International Hong Kong Ltd and SDICS International Secu. Fibocom’s products serve automotive electronics, smart home, consumer electronics and smart retail. According to Frost & Sullivan, it ranked second globally in 2024 with a 15.4% market share in wireless communication modules; first in smart home (36.6%) and consumer electronics (75.9%), and second in automotive electronics (14.4%).