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On the evening of August 13, two major domestic chip giants, SMIC and Huahong Hongli, announced unaudited results for the second quarter of this year, both exceeding expectations. According to the disclosure, SMIC's sales revenue for the second quarter was US$3 billion, up 20% from quarter to quarter, up 36.1% year on year; gross margin for the second quarter was 25.3%, gross margin for the first quarter was 20.1%, and gross margin for the second quarter of 2025 was 20.4%. In comparison, in this year's quarterly report, SMIC's revenue forecast for the second quarter was a 14% to 16% month-on-month increase, and a gross margin forecast of 20% to 22%. The actual results announced exceeded previous expectations. On the same night, the financial report released by Huahong Hongli showed that the company's gross profit margin for the second quarter was 16.5%, up 5.6 percentage points year on year, up 3.5 percentage points month on month; sales revenue reached 717.5 million US dollars, up 26.8% year on year, up 8.6% month on month; profit due to parent company owners was 38.6 million US dollars, up 385.9% year on year and up 84.6% month on month. In comparison, in this year's quarterly report, Huahong Hongli's sales revenue forecast for the second quarter was between US$690 million and US$700 million, and the gross margin forecast was about 14% to 16%. The actual results announced also surpassed previous expectations.

Zhitongcaijing·08/13/2026 23:33:10
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On the evening of August 13, two major domestic chip giants, SMIC and Huahong Hongli, announced unaudited results for the second quarter of this year, both exceeding expectations. According to the disclosure, SMIC's sales revenue for the second quarter was US$3 billion, up 20% from quarter to quarter, up 36.1% year on year; gross margin for the second quarter was 25.3%, gross margin for the first quarter was 20.1%, and gross margin for the second quarter of 2025 was 20.4%. In comparison, in this year's quarterly report, SMIC's revenue forecast for the second quarter was a 14% to 16% month-on-month increase, and a gross margin forecast of 20% to 22%. The actual results announced exceeded previous expectations. On the same night, the financial report released by Huahong Hongli showed that the company's gross profit margin for the second quarter was 16.5%, up 5.6 percentage points year on year, up 3.5 percentage points month on month; sales revenue reached 717.5 million US dollars, up 26.8% year on year, up 8.6% month on month; profit due to parent company owners was 38.6 million US dollars, up 385.9% year on year and up 84.6% month on month. In comparison, in this year's quarterly report, Huahong Hongli's sales revenue forecast for the second quarter was between US$690 million and US$700 million, and the gross margin forecast was about 14% to 16%. The actual results announced also surpassed previous expectations.