LIVE Watch Now
Breaking
FBR Proposes Simplified Tax Regime for Small ShopkeepersSupreme Court to Decide on Jurisdiction in NAB Bail CasesClashes between protesters, law enforcers leave seven dead in AJKNA panel criticises internet quality, calls for improved infrastructureTrump threatens strikes on Iran’s energy targetsUS sends second Ebola-infected American to Germany for treatmentParpro revenue surges on defense and satellite shipmentsCXMT seeks US$4.3B for DRAM and HBM expansionTaiwanese Auto Parts Makers Seek Expansion Abroad Amid China’s Market TurmoilNam Liong Global Reports Strong Q2 Revenue GrowthTech firms QBit Semiconductor and Gogolook report record revenues in JuneChina’s Orient Computing launches 14nm AI chipHuawei to Showcase Largest Ascend SuperPoD at WAICTaiwan memory sector sees record June performanceUK Experiences Hottest Year on Record, Climate Report WarnsNvidia to Partner with Mitsubishi Heavy for AI Data Center CoolingSpanish fans celebrate victory over FranceIBM issues rare warning over AI-driven memory shortageTower Semiconductor invests $3 billion in Japan for AI data center shiftSuki Waterhouse Shares Insights on New Album ‘Loveland’FBR Proposes Simplified Tax Regime for Small ShopkeepersSupreme Court to Decide on Jurisdiction in NAB Bail CasesClashes between protesters, law enforcers leave seven dead in AJKNA panel criticises internet quality, calls for improved infrastructureTrump threatens strikes on Iran’s energy targetsUS sends second Ebola-infected American to Germany for treatmentParpro revenue surges on defense and satellite shipmentsCXMT seeks US$4.3B for DRAM and HBM expansionTaiwanese Auto Parts Makers Seek Expansion Abroad Amid China’s Market TurmoilNam Liong Global Reports Strong Q2 Revenue GrowthTech firms QBit Semiconductor and Gogolook report record revenues in JuneChina’s Orient Computing launches 14nm AI chipHuawei to Showcase Largest Ascend SuperPoD at WAICTaiwan memory sector sees record June performanceUK Experiences Hottest Year on Record, Climate Report WarnsNvidia to Partner with Mitsubishi Heavy for AI Data Center CoolingSpanish fans celebrate victory over FranceIBM issues rare warning over AI-driven memory shortageTower Semiconductor invests $3 billion in Japan for AI data center shiftSuki Waterhouse Shares Insights on New Album ‘Loveland’
◕ SundialUpdated recently
Trending
Business

Tech firms QBit Semiconductor and Gogolook report record revenues in June

Tech firms QBit Semiconductor and Gogolook report record revenues in June

Key Takeaways

  • QBit Semiconductor's June revenue hits a new high at NT$132 million, up 108.5% from the previous month.
  • Gogolook sees a significant increase in its June revenue to NT$110 million, marking a 36.5% rise year on year.
  • Both companies' first-half revenues for 2026 are at record levels, with QBit Semiconductor reaching NT$320 million and Gogolook NT$613 million.

Taiwan-based IC design company QBit Semiconductor has reported a significant increase in its June revenue to NT$132 million (US$4.1 million), marking a record high for the month, according to DigiTimes. This represents a substantial rise of 108.5% from May and an impressive 41.1% growth compared to the same period last year.

The company's first-half revenue for 2026 has also reached NT$320 million, up 91.7% year on year, accounting for 75% of its full-year sales from 2025. QBit Semiconductor attributes this growth to strong demand for System-on-Chip (SoC) and Application-Specific Integrated Circuit (ASIC) products.

In a related development, technology firm Gogolook has announced that its June revenue reached NT$110 million (approx. US$3.43 million), marking a 36.5% increase from the previous year. For the second quarter of 2026, Gogolook's consolidated revenue was NT$310 million, up 28.4% compared to the same period in 2025.

Cumulative revenue for the first half of 2026 for Gogolook reached NT$613 million, a 27.5% increase from the previous year. Both QBit Semiconductor and Gogolook have reported record-high revenues for their respective periods, reflecting robust market conditions in the tech sector.

The strong performance of these companies is indicative of the broader trends in the technology industry, where demand for advanced semiconductor products continues to grow. Analysts suggest that this growth can be attributed to increased adoption of digital technologies and the ongoing global push towards technological innovation.

Industry experts predict that such positive financial results could lead to further investments in research and development, potentially driving future growth in both companies. The surge in revenues also highlights the resilience of these firms in a competitive market environment.