China Micro Semicon H1 revenue rises 44.01%, net profit jumps 98.48%

China Micro Semicon reported strong first-half 2026 growth, with revenue rising to 726 million yuan and net profit attributable to shareholders of the parent company increasing to 172 million yuan as profitability improved faster than sales. The company said net profit excluding non-recurring items rose 109.74% and operating cash flow increased 27.87% to 193 million yuan, indicating stronger earnings quality and collections. Consumer electronics remained the largest business segment, followed by small home appliances and industrial control, while automotive electronics and newly added storage products made smaller contributions. Management attributed the results to demand tied to AI, robotics and automotive electronics, sustained R&D investment, faster product launches and a key account strategy, while market observers said profit growth outpacing revenue pointed to product mix optimization and cost discipline. In the second half, the company expects industrial control and automotive electronics revenue contribution to rise further as customer onboarding accelerates and embodied robotics-related products ramp up, though consumer electronics demand swings and pricing pressure remain risks. The newer source record refers instead to VeriSilicon Microelectronics (Shanghai), which reported different first-half 2026 results and should be treated as a separate topic rather than an update to China Micro Semicon.

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