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GigaDevice: Expected net profit for first half of 2026 to increase 1099% year-on-year
GigaDevice (
During the reporting period, the memory chip industry supply was tight, the company's memory chip products saw both volume and price increases, and the profitability of the memory business improved. Microcontroller products benefited from demand pull in industrial, consumer, and automotive sectors, and shipment scale also achieved good growth. The company's revenue scale and profitability quality improved simultaneously, driving a significant increase in overall operating performance.
💡: The company's Q2 net profit is expected to be 5.44B, Q1 net profit 1.46B, based on which Q2 net profit is expected to increase 272% quarter-on-quarter.