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EconomicChina·16 Oct 2026

Chinese chip and tech firms report profit growth amid self-sufficiency push

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Chinese technology and chip firms reported significant profit growth for the third quarter, with Shanghai-listed Yuanjie Semiconductor Technology projecting a net profit increase of 579 to 660 percent year-over-year. The GPU designer MetaX also reported reaching profitability in the first nine months of the year following an increase in orders. These…

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SCMP
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