Chinese foundry Hua Hong Semiconductor reported record financial results for the third quarter of 2025. The company achieved revenue of $635.2 million, a 20.7% year-over-year increase, driven by higher wafer shipments and rising average selling prices.
A key indicator of strong demand was the company's remarkable capacity utilization rate of 109.5%. The gross margin also improved to 13.5%. Geographically, the China market remained the core pillar, contributing 82.3% of total revenue.
Growth was broad-based across business segments. Stand-alone non-volatile memory revenue surged 106.6%, while analog & power management and embedded non-volatile memory grew 32.8% and 20.4% respectively. The company also saw robust growth from its 65nm and more advanced technology nodes.
ICgoodFind : Hua Hong's record performance, fueled by high utilization and diverse growth drivers, strengthens its market position for future capacity and technology expansion.
