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Article: China computing stalwarts Hygon, Sugon post revenue surge on AI boom, tech self-reliance

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5 / 10

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Chinese tech firms Hygon and Sugon reported significant revenue growth in 2025, driven by the AI boom and a national push for technological self-reliance. Hygon's sales surged due to rising demand for domestic high-end chips, with even faster growth projected this quarter from AI industry investments. Sugon, Hygon's largest shareholder, also posted increased revenue and profit from its high-performance computing systems.

The main topics covered are the financial performance of Hygon and Sugon, the drivers of growth (AI demand and domestic tech substitution), and the broader context of China's tech self-reliance initiative.

Original URL

https://www.scmp.com/tech/big-tech/article/3344729/china-computing-stalwarts-hygon-sugon-post-revenue-surge-ai-boom-tech-self-reliance?utm_source=rss_feed

Source Feed

Tech - South China Morning Post

Published Date

2026-02-26 09:05

Fetched Date

2026-03-04 14:30

Processed Date

2026-03-04 15:23

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China computing stalwarts Hygon, Sugon post revenue surge on AI boom, tech self-reliance
Their strong 2025 revenue reflects a broader trend across China to increase support for domestic technology suppliers
Hygon attributed the hefty sales growth to the “continued rise in demand for domestically produced high-end chips”. The company said its market share in high-end processors expanded amid cooperation with original equipment manufacturers and other partners in key industries and fields.
The firm expected even faster growth – between 62.9 per cent and 75.8 per cent – this first quarter, driven by increased investment in research and development due to “demand from the AI industry”.
Sugon, which makes high-performance computing systems and is the largest shareholder of Hygon, posted a 13.9 per cent year-on-year increase in revenue to 14.97 billion yuan last year. Its net profit rose 10.5 per cent to 2.11 billion yuan.