(4) New Portable DAC/Amps preview and existing product information
Although the portable headphone amplifier is not the first product of FiiO since its establishment, it is the product category that really helped FiiO on the road to success. Starting with the small amp E3, we have historically launched the E1 | E02 | E3 | E5 | E6 | E7 | E07K | E11 | E12 | E17 | E17K | E18 | A1 | A3 | A5 | Q1 | Q5S and other portable amps.
However, after the Q5S, due to the limitation of development resources, we have spent a lot of energy on better and older DAC and other chips, and the market of portable amps has been shrinking due to the impact of portable players, USB dongles, and Bluetooth DAC/Amps. It was a pity that we did not have any new portable amps for almost 2 years.
Moreover, due to the shortage of chips, the Q1MK2, Q3 and Q5S are currently discontinued.
But the good news is that after sorting out the existing product line and repositioning the portable amps, we will release at least 2 new products this year. With our efforts, the Q3 will be on aboard again after upgrading with a better solution. Here are introductions about our latter new portable amps:
1. Portable desktop DAC/Amp Q7: expected to be released in October; see picture:

The Q7 is actually a simplified version of the M17. Since the M17 was released, it has been adored by consumers for its powerful functions and huge output power, which far exceeded our expectations. However, the price of the M17 is indeed too high due to the cost limit, making many people feel discouraged.
Therefore, we have turned it into a pure DAC/Amp by canceling the high-cost display screen and SoC module on the M17. But the desktop mode, DC power supply, and THX788+ amp technology will be retained. In addition, in order to control the cost, the ES9038Pro chip will be changed from 2 to 1.
2. Portable DAC/Amp Q5 Pro
The Q5 Pro (undecided model) is an upgraded model of the previous Q5, so it will be stronger than the Q5 in terms of function, specification and output power. But the project has not yet been officially approved for development. If there are sufficient R&D resources, we will have it released at the end of this year at a higher price than that of the Q5.
3. Portable DAC/Amp Q1K (to be determined)
The Q1K is planned to replace the discontinued Q1MK2. The situation is similar to that of the Q5 Pro. If the development resources are sufficient, it is hoped that it will be launched by the end of the year. Or we will have to wait for next year.
The existing portable DAC/Amp Q3, which was discontinued due to the chip shortage in the early stage, will also be re-launched in June after changing the solution. If there is no major change in functions, it will not be regarded as a new model.
In this way, FiiO's future product line of portable DAC/Amps will consist of four products: Q1K, Q3, Q5 Pro, and Q7, covering the price range from 100 to 1000 USD, and output power (balanced port) from 300mW/channel all the way up to 3000mW/channel.