Gigadevice Semiconductor reports 15% revenue growth, expands automotive chips
Gigadevice Semiconductor reported operating income rose 15% to 4.15 billion yuan in the first half of 2025, with net profit up 11.3% to 575.47 million yuan.
The board approved expanding its automotive electronics chip project to include subsidiaries in Xi'an, Shanghai, Hefei, and Shenzhen, with 200 million yuan in capital injections.
The company also activated stock option exercise periods, allowing over 1,100 employees to exercise options and unlock restricted shares under its 2021 and 2023 incentive plans.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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