China computing tech stalwarts Hygon, Sugon post revenue surge amid AI boom

South China Morning Post
by Ann Cao
February 26, 2026
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China computing tech stalwarts Hygon, Sugon post revenue surge amid AI boom
China’s tech self-reliance efforts have seen a significant boost as leading semiconductor designer Hygon Information Technology and supercomputer maker Sugon reported substantial revenue growth in 2025. The surge reflects a broader trend of increasing support for domestic technology suppliers, driven by heightened demand for homegrown computing systems amid China's AI boom. Hygon, a key player in China’s tech sector, achieved remarkable financial success with its revenue jumping to 14.4 billion yuan (US$2.1 billion) in 2025—a 56.9% increase from the previous year. This growth was fueled by strong demand for domestically produced high-end chips, a market where Hygon has expanded its share through strategic partnerships with original equipment manufacturers. The company’s profit also rose to 2.54 billion yuan
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Originally published on South China Morning Post on 2/26/2026