Hua Hong Semiconductor Reports Record High Q4 2025 Revenue, Full-Year Sales Exceed US$2.4 Billion

Hua Hong Semiconductor (01347.HK; 688347.SH) today announced its fourth quarter and full-year 2025 results. Fourth-quarter revenue reached US$659.9 million, a year-on-year increase of 22.4% and a quarter-on-quarter increase of 3.9%, setting a new record high; gross margin was 13.0%, a year-on-year increase of 1.6 percentage points; full-year sales revenue was US$2.4021 billion, a year-on-year increase of 19.9%; gross margin was 11.8%, a year-on-year increase of 1.6 percentage points; the company's average capacity utilization rate for the year reached 106.1%, ranking among the leading levels in the wafer foundry industry. The company expects sales revenue of approximately US$650 million to US$660 million in the first quarter of 2026, with a gross margin of approximately 13% to 15%. The first phase of construction of the new 12-inch production line (FAB9) in Wuxi exceeded expectations, and the acquisition of the Shanghai 12-inch manufacturing base (FAB5) is progressing smoothly.