Zheng Quan Ri Bao Wang·2025-08-21 13:26Core Viewpoint - The significant growth in the performance of optical module companies in the first half of 2025 is closely linked to the rising demand for computing power driven by the acceleration of the global AI industry [1][2]. Group 1: Company Performance - Taicheng Light reported a revenue of 828 million yuan in the first half of 2025, a year-on-year increase of 62.49%, with a net profit of 173 million yuan, up 118.02% [2]. - Zhuhai Guangku Technology achieved a revenue of 597 million yuan, a 41.58% increase, and a net profit of 51.87 million yuan, up 70.96% [2]. - Huagong Technology's net profit reached 911 million yuan, reflecting a year-on-year growth of 44.87% [2]. - Multiple companies indicated that their performance growth is a direct result of increased market demand for computing power [2]. Group 2: Market Demand and Trends - The optical module market is expected to grow by 45% in 2024, driven by the AI industry [4]. - The global shipment of 1.6T optical transceivers is projected to rise from approximately 2.7 million units in 2024 to about 4.2 million units in 2025 [4]. - The demand for high-speed optical modules, such as 400G and 800G, is accelerating due to the rising computing power needs of domestic internet and equipment manufacturers [2][4]. Group 3: R&D and Capacity Expansion - Companies are increasing R&D investments and expanding production capacity to capture market share and technological advantages [4][5]. - Huagong Technology's R&D investment reached 461 million yuan in the first half of 2025, a 19% increase [4]. - Taicheng Light is expanding production capacity with new facilities in Vietnam and has already begun supplying 800G optical modules while developing 1.6T modules [5]. - Zhongji Xuchuang plans to enhance data center construction and expects growth in demand for 800G and 1.6T modules [5]. - New Yisong is preparing to increase the proportion of silicon photonics products and has expanded production capacity in Thailand [5]. Group 4: Future Outlook - The supply of optical module products is expected to peak in the coming years due to the establishment of large-scale data centers and the acceleration of 5G-A network construction [6]. - Emerging fields such as vehicle networking and industrial internet will provide long-term growth momentum for the optical module market [6].