Sign in Subscribe
News

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

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
💡
Verdict: Lexar's parent company, Longsys, is forecasting a massive 60,000% profit surge to nearly $1.5 billion for 1H26 due to skyrocketing global memory demand.
Check Price: Longsys Lexar

Longsys (Lexar) Memory and Storage

⚡ Quick Hits

  • Astronomical Growth: Longsys anticipates a mind-bending 60,000% jump in profits compared to the previous year.
  • Billion-Dollar Trajectory: The company projects nearly $1.5 billion in profit for the first half of 2026, up from just $2.1 million.
  • Exploding Demand: This financial boom is directly fueled by a massive global surge in demand for memory and storage components.

Welcome back, tech disciples! The Tech Monk here, bringing you the latest ripples from the hardware ecosystem. While we usually hunt for the best consumer tech deals, sometimes the industry's financial numbers are just too monumental to ignore.

If you thought the memory market was stabilizing, think again. Longsys, the Chinese memory and storage juggernaut behind the popular Lexar brand, is forecasting an absolutely staggering financial leap. We are talking about an expected profit jump of more than 60,000%.

To put those percentages into raw numbers: Longsys generated a relatively modest $2.1 million in profit last year. Fast forward to their projections for the first half of 2026, and the firm is aiming at a breathtaking $1.5 billion. This meteoric rise is being driven by an exploding, insatiable global demand for memory and storage solutions across all sectors of the tech industry.

What does this mean for the everyday consumer? Whether you're building a new desktop PC or waiting for the next wave of high-speed NVMe drives, storage manufacturers are gearing up for massive market expansion. With a financial war chest this deep, we can likely expect Lexar and Longsys to make highly aggressive, competitive moves in the hardware space over the coming years.

Stay tuned, keep your eyes on the market, and as always, keep your components cool!

Check Price: Longsys Lexar
*Source Intel: Read Original*

Read next

Physicists turn particles in chaotic orbits into liquid computers — but this fluid hardware still trails memristor rivals

Physicists turn particles in chaotic orbits into liquid computers — but this fluid hardware still trails memristor rivals

💡 Verdict: While physicists are developing futuristic liquid computers using chaotic particle orbits, veteran semiconductor journalists covering these breakthroughs still trace their hardcore computing roots back to classic hardware like the GTX 780 Ti. Check Price: GTX 780 Ti ⚡ Quick Hits * Physicists have successfully harnessed particles in chaotic orbits to create
The Tech Monk