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Lianxin Micro predicts 2026 nine-month net profit of about 174 million yuan, turning profitable

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.

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AI take

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.

Generated by AI for reference only.

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