TREE NEWS update: Hangzhou Lion Microelectronics (立昂微) expects net profit attributable to shareholders of about 174 million yuan for the first three quarters of 2026, a year-on-year turnaround to profit, with non-recurring net profit at about 133 million yuan, also reversing a year-earlier loss. The company attributed the swing to a sharp improvement in its semiconductor silicon wafer segment, where 12-inch wafer output and sales rose substantially, unit costs fell and selling prices increased, lifting gross margin year on year.
Lianxin Micro predicts 2026 nine-month net profit of about 174 million yuan, turning profitable
The swing is being framed as a mix effect rather than pure volume: higher 12-inch output, lower unit costs and firmer selling prices all moving the same way is what lifts a wafer maker's margin, and that combination is harder to sustain than a one-off demand pop. It matters most for the domestic silicon wafer supply chain, where 12-inch ramp and pricing discipline have been the pressure points. Whether the price improvement holds as new capacity comes online is the open question.
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