{"id":1031860,"date":"2026-08-29T07:27:38","date_gmt":"2026-08-29T01:57:38","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1031860"},"modified":"2026-08-29T07:29:17","modified_gmt":"2026-08-29T01:59:17","slug":"chinas-cxmt-posts-first-half-profit-after-revenue-surge","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/29\/chinas-cxmt-posts-first-half-profit-after-revenue-surge\/","title":{"rendered":"China&#8217;s CXMT posts first-half profit after revenue surge"},"content":{"rendered":"<p>CXMT, China&#8217;s largest chipmaker by \u200bmarket value, posted \u200ba sharp turnaround to profit in \u200bthe first half on Friday in its first earnings release since listing, buoyed by surging prices and \u200csales \u2060of its \u2060memory products amid rising global demand for computing \u200bpower. <\/p>\n<p>First-half revenue soared 873.64% from a year ago \u200bto 150.3 billion yuan ($22.36 billion). <\/p>\n<p>Net profit totalled 77.6 billion yuan, compared to a \u200bloss of 2.3 billion yuan \u2060in 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CXMT, China&#8217;s largest chipmaker by \u200bmarket value, posted \u200ba sharp turnaround to profit in \u200bthe first half on Friday in its first earnings release since listing, buoyed by surging prices and \u200csales \u2060of its \u2060memory products amid rising global demand for computing \u200bpower. First-half revenue soared 873.64% from a year ago \u200bto 150.3 billion yuan ($22.36 billion). Net profit totalled 77.6 billion yuan, compared to a \u200bloss of 2.3 billion yuan \u2060in 2025.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1031860","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031860","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1031860"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031860\/revisions"}],"predecessor-version":[{"id":1031884,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031860\/revisions\/1031884"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1031860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1031860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1031860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}