On May 14, HuaHong Semiconductor reported blowout Q1 2026 results. Revenue reached 660.9million∗∗,up∗∗22.2660.9million∗∗,up∗∗22.220.9 million and rose 19.9% sequentially.

Growth was driven by specialty process platforms, especially MCU, standalone flash, and BCD products. Capacity utilization remained high, with 12-inch wafer revenue contributing 62.7% of total.

For Q2, HuaHong expects revenue of $690–700 million and gross margin of 14–16%.

Chairman Bai Peng noted that AI demand and complex supply chains reinforce HuaHong’s focus on specialty foundry leadership. The acquisition of Huali Micro has been accepted by the Shanghai Stock Exchange and is expected to close in H2.

ICgoodFind : HuaHong’s strong Q1 reflects booming MCU/flash demand and rising 12-inch mix – acquisition ahead keeps growth momentum intact.