Top domestic companies like Apple Company and Tesla, most of their work involves perfecting software technologies rather than researching and designing hardware.
Most technology companies follow a 'soft' approach, driving hardware capabilities with 'software,' creating the most cutting-edge products.
This is mainly because hardware can be developed by other companies, and it's easier to directly procure it, while software must be tightly controlled to provide users with a better experience.
Yixing Company was only recently established, and most of its time has been spent on technical research, with software being handled by a team of just a dozen or so people.