GigaDevice Semiconductor Inc. (03986) announced that it expects its net profit attributable to the parent company in the first half of the year to increase by approximately 1099% year-on-year.

GigaDevice Semiconductor Inc. (03986) announced that it is expected to achieve a net profit attributable to the shareholders of the listed company of approximately RMB 6.9 billion in the first half of 2026, an increase of approximately 1099% year-on-year. It is also expected to achieve a revenue of approximately RMB 11.5 billion in the first half of 2026, an increase of about 177% year-on-year. During the reporting period, the tight supply in the storage chip industry led to an increase in both volume and price of the Group's storage chip products, resulting in improved profitability in the storage business. The microcontroller products benefited from demand in the industrial, consumer, and automotive sectors, leading to good growth in shipment volume. The Group's revenue and profitability have both increased, driving a significant overall growth in operating performance. In addition, the year-end fair value of the Group's securities investments increased, resulting in a substantial increase in fair value change income.