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Lexar

tomshardware.com › tech-industry

Chinese memory and storage firm expected to post more than 60,000% jump in profits due to exploding demand — Lexar owner Longsys forecasts nearly $1.5 billion profit for 1H26 compared to $2.1 million last year

Shenzhen Longsys Electronics, the Chinese parent company of Lexar , announced that it’s expecting a net profit of $1.36 to $1.62 billion or 9.2 to 11 billion yuan for the first half of 2026, smashing its year-ago profit of just $2.2 million. …

Jul 7, 2026 · Jowi Morales