Shenzhen Longsys Electronics Co.,Ltd. (ASX: 301308) has issued a preliminary earnings forecast for the first half of 2026, projecting a net profit attributable to shareholders in a range of 9.2 billion to 11 billion yuan. This represents a monumental year-on-year increase of between 62,204% and 74,394%.
The company attributes this exceptional performance to a favorable external environment created by a robust global semiconductor memory market. This upswing is driven by increased downstream demand coupled with generally limited growth in global memory wafer production capacity.
Concurrently, the company has successfully renewed wafer supply agreements (LTAs or MOUs) with several major global memory wafer manufacturers. These renewals secure the supply of memory wafers, laying a solid resource foundation for the company's long-term development.
During the reporting period, the company's strategy was technologically led by its self-developed chips, such as the SPU controller chip, and its proprietary software architecture, including HLC. This technological edge was supported by its in-house high-end packaging and testing capacity, systematically addressing diverse and comprehensive storage needs for on-device AI and fully embracing this sector.
A key innovation highlighted was the company's joint optimization work with AMD. This collaboration led to a technological breakthrough where the company's SSD storage intelligence and HLC technology enabled a reduction of approximately 40% in DRAM usage for on-device AI products.
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