China computing stalwarts Hygon, Sugon post revenue surge on AI boom, tech self-reliance
China computing stalwarts Hygon, Sugon post revenue surge on AI boom, tech self-reliance
Publish Date: 2026-02-26 04:05:00
Source Domain: www.scmp.com
- Semiconductor designer Hygon Information Technology and supercomputer maker Sugon reported significant revenue growth in 2025, reflecting increasing domestic demand for homegrown computing systems.
- Hygon’s revenue surged by 56.9% to 14.4 billion yuan, with profit attributable to shareholders rising by 32%, driven by strong demand for high-end chips.
- The revenue rise for Sugon was 13.9%, reaching 14.97 billion yuan in 2025, with a net profit increase of 10.5% to 2.11 billion yuan.
- Both companies’ financial performance mirrors a broader trend towards greater engagement with domestic technology suppliers across China’s public and private sectors.
- Hygon anticipated even higher revenue growth, projecting a growth of 62.9% to 75.8% in the first quarter of 2026 due to increased R&D investment and AI-driven demand.
