67 of 76 STAR Market Chip Designers Report Revenue Growth, Led by Storage and Computing

Of 76 STAR Market-listed chip-design companies that had disclosed third-quarter reports, 67 posted revenue growth and 53 recorded positive net profit attributable to parent shareholders. According to ChainCatcher, figures compiled by Cailian Press’s Venture Capital Tong show that the respective shares were 88.16% and 69.74%; storage and computing were the two leading areas amid an industry-wide recovery. Storage companies posted strong results. ChangXin Technology reported revenue of RMB 269.0 billion for the first three quarters, up 738.5% year over year; BIWIN Storage recorded RMB 21.72 billion, up 230.3%; and Dongxin Co. reported RMB 3.292 billion, an increase of about 475%. Computing and interconnect companies also grew. Cambricon reported revenue of RMB 9.526 billion, up 106.8%; Hygon Information posted RMB 14.96 billion, up 57.6%; and Montage Technology recorded RMB 5.414 billion, up 33.4%. Among 28 companies that had posted losses in the same period last year, 13 returned to profitability and six narrowed their losses. The results point to a structural upturn in chip design driven by demand for AI infrastructure.