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On July 15, 2026, CETC Chips unveiled its half-year performance forecast. It revealed that for the first half of 2026, the net loss attributable to the owners of the parent company is projected to range from RMB 10 million to RMB 13 million. This stands in stark contrast to the profit recorded during the same period last year. Moreover, the net profit from non-recurring gains and losses is expected to register a loss between RMB 24 million and RMB 31 million. The root cause of this performance downturn lies in the decline in smartphone sales. This decline has been significantly influenced by the skyrocketing prices of memory components. Additionally, the overall sluggishness of the consumer electronics market has also played a crucial role in this negative trend.
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