ASR Microelectronics Co. Ltd. ASwung to profit with strong revenue growth and narrowed losses

ASR Microelectronics released its 2026 interim report on August 28. First-half operating revenue was 2.451 billion yuan, up 29.1 percent year on year. Net profit attributable to the parent swung to a profit of 84.24 million yuan, compared with a loss of 245 million yuan in the same period last year. Net profit attributable to the parent after deducting non-recurring items remained in the red, but the loss narrowed to 58.67 million yuan from 352 million yuan. In the second quarter, operating revenue was 1.32 billion yuan, up 33.7 percent year on year, and net profit attributable to the parent was 112 million yuan, compared with a loss of 123 million yuan a year earlier. The company said shipments of cellular baseband chips grew significantly, with first-quarter mass shipments of 5G NR chips exceeding 500,000 units and cumulative shipments reaching about 1.5 million units. Revenue from 4G cellular IoT chips was about 2.022 billion yuan, up 23 percent year on year. Its smart SoC chip market layout was further improved, and revenue from ASIC customization business was about 322 million yuan, up 155.47 percent year on year.
ASR Microelectronics Co. Ltd. ASwung to profit with strong revenue growth and narrowed losses