Aug 21 – Maxscend, a leading domestic RF component firm, released disappointing H1 2025 earnings:
- Revenue: $243.4M (-25.42% YoY)
- Net profit (attributable to shareholders): **$21M loss** (-141.59% YoY); non-GAAP net loss: $21.6M (-142.77% YoY) (still a $20.4M loss excluding share-based compensation)
- Bright spot: Operating cash flow surged 189.01% YoY to $36.7M; diluted EPS: -$0.039
Q2 results were also weak: Revenue $135.4M (-13.4% YoY); net loss $14.4M (-164.4% YoY); non-GAAP net loss $13.8M (-160.8% YoY); EPS: -$0.027.
As of end-Q2, total assets stood at $2.05B (+0.7% YoY-end); net assets attributable to shareholders: $1.43B (-1.7% YoY-end).
A key player in RF ICs (core products: RF switches, LNAs, filters, PAs for smartphones/wireless devices), Maxscend kept operations stable in H1 but faced major market challenges. It boosted R&D to advance RF front-end tech (pursuing high integration/low power for 5G) and built its own ecosystem to enhance competitiveness.
Notably, in patent litigation: On Aug 22, Maxscend stated it rejects Murata’s patent claims, has filed for invalidation of the involved patents (now under review), and submitted similar applications in South Korea and Shanghai to defend its rights.
ICgoodFind: We’ll track Maxscend’s developments to provide the latest semiconductor industry updates.
