芯联集成：前三季度营收同比增长19.23% 连续五季实现毛利正增长

Core Insights - Company achieved a quarterly revenue of 1.927 billion yuan, a year-on-year increase of 15.52% [1] - Cumulative revenue for the first three quarters reached 5.422 billion yuan, up 19.23% year-on-year [1] - Gross margin improved to approximately 4%, an increase of 4.4 percentage points compared to the same period last year, marking five consecutive quarters of positive gross margin growth [1] AI and Technology Development - The company has sent samples of its self-developed 8-inch SiC MOSFET devices to AI companies in Europe and the U.S., indicating a significant breakthrough in the "new energy + AI" dual-track layout [1] - The AI server power supply market is expected to experience explosive growth, with global AI server shipments projected to increase by 24.3% in 2025, reaching a market size of 158.7 billion USD [1] - The company has entered mass production of data transmission chips for AI servers and data centers, and launched a second-generation high-efficiency power management chip platform for data centers [2] Robotics and High-Voltage Solutions - The company provides a one-stop chip system foundry solution covering power devices, driver ICs, magnetic devices, MCUs, and current sensors, while actively expanding into the 800V high-voltage direct current (HVDC) market [2] - In the robotics sector, products such as VCSEL light sources, pressure sensors, and IMUs have achieved mass production, with a miniaturized drive module for robotic hands expected to enter mass production in Q1 2026 [2] Automotive and Industrial Growth - In the new energy vehicle sector, the company maintained rapid growth with an 18% revenue increase in the first three quarters, with over 1 million vehicles equipped with SiC MOSFETs [3] - The company focuses on high voltage and high power in the industrial control sector, achieving industry-leading results in string-type light storage power solutions, with related revenue growth exceeding 26% [3] - In the high-end consumer market, the company has made significant breakthroughs, with its consumer IMUs validated by top domestic smartphone brands and high-performance microphones capturing over 50% market share in a leading international smartphone terminal [3]