US EditionCambricon swings to profit as revenue multiplies 42-fold
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Cambricon swings to profit as revenue multiplies 42-fold
In the first quarter of 2025, the company posted revenue of RMB 1.111 billion (USD 155.5 million), representing a 4,230.2% year-on-year jump. Net profit reached RMB 355 million (USD 49.7 million), reversing a loss of RMB 227 million (USD 31.8 million) from the same period a year earlier. Cambricon’s recent momentum comes as China accelerates efforts to strengthen its domestic semiconductor sector. The company’s Siyuan chips have gained traction …
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