Luxshare Precision Reports 40.2% Revenue Growth in First Half 2026

Earnings
โดย PR Newswire·CN·Read original
Summary · why it matters

Luxshare Precision Industry Co., Ltd. reported a 40.2% year-over-year increase in revenue to RMB 174.50 billion for the first half of 2026, with net profit attributable to shareholders rising 18.0% to RMB 7.84 billion. Excluding non-recurring gains and losses, net profit grew 6.5% to RMB 5.96 billion, while gross margin expanded by 17 basis points to 11.78%. The margin improvement was driven by operating leverage and a more diversified revenue mix, with faster growth in Communications and Data Center and Automotive Electronics, both of which carry above-average gross margins. Revenue from Consumer Electronics rose 19.3% to RMB 122.48 billion, Communications and Data Center increased 49.7% to RMB 16.61 billion, and Automotive Electronics surged 274.1% to RMB 32.39 billion, partly due to Leoni's contribution. R&D investment climbed 43.1% to RMB 6.57 billion, and capital expenditures totaled RMB 10.27 billion, mainly for overseas expansion. Operating cash flow was an outflow of RMB 2.45 billion in the first half but turned positive in the second quarter at RMB 4.62 billion. Chairwoman Wang Laichun emphasized disciplined investment in AI-enabled devices, AI infrastructure, and intelligent vehicles.

Impact on stocks 2

Artificial Intelligence · 1 stocks
Others · 1 stocks

Theme Impact 3

Related news

Buffett and Abel Build Alphabet Into One of Berkshire's Biggest Holdings

Warren Buffett and newly appointed Berkshire Hathaway CEO Greg Abel have plowed tens of billions of dollars into Alphabet, making it one of Berkshire's biggest investments, after Buffett finally bought the stock in the third quarter of 2025 with shares trading around $200. Buffett had long said he missed the opportunity, noting at the 2017 shareholder meeting that he would not bet against Google, and he has acknowledged missing out on a 9,000% gain by not buying sooner. Google initially offered shares to the public at $85 each in 2004, and after a 2014 split into two share classes and a 20-for-1 split in 2022, the split-adjusted price is just $2.125 per share. Buffett said he likes the stock now because Alphabet plans to spend around $200 billion in capital expenditures this year on new data centers and AI servers, a use of capital he sees earning a high cash return. Google Cloud CEO Thomas Kurian said the average payback period on its new servers is less than two years, and roughly half that for Google's custom TPUs, while average five-year customer contracts and a two-year lead time on data center construction mean even a worst-case scenario produces a positive return. With the stock trading for less than 17 times forward earnings expectations, Buffett and Abel could keep buying in the third quarter.
The Motley Fool·2hRead more →
impact 5

US Hyperscalers to Spend Up to $725 Billion on AI Infrastructure in 2026

The top five US hyperscalers are projecting a combined capital expenditure of $660 billion to $725 billion for 2026, nearly double their 2025 outlays, as the AI build-out shifts from software to physical infrastructure. Microsoft is guiding for roughly $175 billion in adjusted capital expenditure for both FY2026 and FY2027, with two-thirds of quarterly spend going to short-lived assets like CPUs and GPUs and the rest to long-lived data center infrastructure, and it added 1 gigawatt of capacity in Q3 FY2026, doubling its global footprint in two years. Amazon AWS has raised its 2026 capex guidance to approximately $220 billion, with CEO Andy Jassy saying AI capacity is expected to remain constrained through 2027 and contracted demand extending into 2028. Meta saw profit drop 14% in Q2 2026 despite a 28% revenue increase as its build-out, including a 1 gigawatt data center in Ohio and a Louisiana facility that could scale to 5 gigawatts, compressed margins, while Alphabet raised its 2026 capex guidance to as much as $205 billion and its Google Cloud backlog more than doubled year-over-year to $240 billion. The Stargate joint venture involving Oracle, OpenAI and others targets up to $500 billion in infrastructure investment by 2029, and Oracle's FY2026 capex reached $55.7 billion, more than doubling from the previous year.
Yahoo Finance·7hRead more →
3impact 4

HPE's $700 Million AI Networking Backlog Tests Supply Chain

Hewlett Packard Enterprise is sitting on a record pile of AI networking orders it cannot yet ship, and the gap between bookings and revenue is now the central question for the stock. Orders for the Networks for AI portfolio reached $700 million in fiscal Q3 2026, a new high, after the company blew past its cumulative fiscal 2026 target of at least $2 billion and raised that target to $2.5 billion to $3 billion. The hardware behind those orders includes routers and switches HPE is supplying to Oracle for one of the largest AI cloud infrastructure build-outs, work that extends more than a decade of engineering between Oracle and Juniper Networks, the business HPE acquired last year. Networking revenue rose 10% in fiscal Q3 2026 against a prior-year base that includes Juniper Networks, while networking orders rose 36%, and the segment brought in $2.9 billion of the $12.2 billion in total revenue HPE reported for the quarter. Management attributes the gap to supply, citing memory and wafer capacity that have gated supply since the start of fiscal 2026, and HPE has more than doubled its networking purchase commitments quarter over quarter while signing multiyear supply agreements to lock capacity. Networking revenue growth is guided to 11% to 13% in fiscal Q4 2026 and 14% to 17% in fiscal 2027, with the next scheduled look at the business coming at the Networking Investor Day on September 30, 2026.
Yahoo Finance·1dRead more →