TBC Home →
Company profiles›Loongson Technology

Loongson Technology龙芯中科

688047.SSReviewed 2026-08-30

Fabless CPU and SoC designer that develops its own LoongArch instruction set architecture and general-purpose processor cores, selling chips and IP into China's domestic computing market.

Scale

~$88.4Mrevenue FY2025 · CNY 0.6B
~$5.5Bmarket cap · 2026-10-04

3 tracked chips with sourced pricing/specs

Gap vs frontier

Close behindsector position

Sector-level position; no priceable accelerator silicon to compare chip-by-chip.

Loongson Technology: close behind tier in CPU, ~$88.4M FY2025 revenue.

The chip stackEach layer depends on the layers below it
1 · ChipsWhat the stack produces
CPU · Close behind
2 · Design toolsSoftware and IP to design them
3 · ManufacturingPlants that turn designs into silicon
4 · EquipmentMachines inside the plants
5 · MaterialsWhat the plants consume

Company at a glance

Scale

Revenue up 26% since FY2023

Growth prospects

Revenue trajectory FY2023–2025

China competition

Competes with Phytium, Hygon, Alibaba T-Head, Huawei Kunpeng in CPU — peers listed at sector level.

Close behind

Global comparables

Global reference set: Intel, AMD, Arm.

Technical gap

Sector rated close behind vs the frontier.

Obstacles

Sector bottleneck applies

Performance per watt, software ecosystem, server qualification, and dependence on advanced foundry processes.

Tracked chips: Loongson 3C6000 · Loongson 3A5000 · Loongson 3A6000

Why it matters

Loongson is China's purest bet on a fully indigenous CPU instruction set, LoongArch, which separates it from domestic peers that build on licensed ARM or x86-compatible cores. The structural edge is ISA-level independence from foreign IP; the test that will confirm or break the thesis is whether the LoongArch software ecosystem and commercial design wins scale beyond government procurement into mainstream servers and PCs at competitive performance. Crossing one million flagship-chip units marks real traction, but only sustained volume and named commercial customers would prove durability.

Where it sits in the stack

Compute

CPU

Close behind

Performance per watt, software ecosystem, server qualification, and dependence on advanced foundry processes.

AI trainingAI inferenceRoboticsEV / auto

Key semiconductor products

  • In-house CPU core and SoC designcommercial: Enables complete domestic CPU product development rather than core licensing or integration.
  • LoongArch ISA
  • Loongson general-purpose processors

Chip pricing

Financials

688047.SS · Shanghai STAR Market 688047 · via Yahoo Finance ↗

Financial trajectory via annual filings via Yahoo Finance

RMB billions
RMB 0.51BRMB -0.33B
2023
RMB 0.5BRMB -0.63B
2024
RMB 0.64BRMB -0.46B
2025

Market data refreshed daily; annual figures from exchange filings. Figures in the reporting currency shown on the chart.

Ecosystem

Customers / end markets

  • Loongson
  • Domestic Chinese computing for government, industrial, and technology self-reliance applications

Competitive position

  • China position: Leading.
  • Primary bottleneck is software-ecosystem breadth and commercial design wins beyond government procurement; manufacturing depends on undisclosed external foundries.

Milestones and signals

  • 2026-10-04—Market cap: RMB 39.3B
  • FY2025—Revenue: RMB 635M
  • FY2025—Net Profit: RMB -455M
  • not specified—Shipments: 1 million units (flagship chip)

What to watch

  • New product releases with disclosed specifications.
  • Customer qualification, design-win, or volume-use signals.
  • Revenue, capacity, shipment, market-share, or valuation updates.
  • Export-control, supply-chain, or tooling constraints.

Questions

Last reviewed 2026-07-11

Answered questions

Which customers, fabs, or end markets show real adoption rather than policy interest?

Named exposure so far: Domestic Chinese computing for government, industrial, and technology self-reliance applications and Loongson.

What is the measurable gap versus global reference companies?

China position: Leading.

Open questions

  • Which products are qualified beyond pilots in fabless?