iFlytek banking on third-party developers for platform growth

iFlytek banking on third-party developers for platform growth
iFlytek banking on third-party developers for platform growth

Chinese artificial intelligence pioneer iFlytek Co Ltd will ramp up its push to encourage more third-party hardware and software developers to adopt its voice interaction computing platform despite the restrictions it faces from the US government.

The company posted a net profit attributable to shareholders of 373.59 million yuan ($52.8 million) in the first nine months of this year, iFlytek said in an announcement of its financial results for the third quarter on Thursday.

The company said its profit surged by 70.51 percent year-on-year.

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