Biwin Storage Forecasts Up to 3422% Net Profit Growth in H1 2026
Shenzhen Biwin Storage Technology Co., Ltd. (Biwin Storage) has released its financial guidance for the first half of 2026, projecting one of the strongest earnings recoveries in the memory industry. Benefiting from accelerating AI infrastructure deployments, favorable memory pricing, and continued execution across its product portfolio, the company expects substantial increases in both revenue and profitability compared with the same period last year.
The forecast reflects not only improving industry fundamentals but also Biwin’s strategic investments in enterprise storage, advanced semiconductor packaging, and vertically integrated storage technologies.
📊 H1 2026 Financial Outlook #
Biwin expects to transition from a net loss in H1 2025 to record profitability during the first half of 2026.
| Metric | H1 2026 Forecast | Year-over-Year Growth |
|---|---|---|
| Operating Revenue | RMB 15.0B – 16.0B | +283.40% to +308.96% |
| Net Profit Attributable to Shareholders | RMB 7.0B – 7.5B | +3200.15% to +3421.59% |
| Net Profit Excluding Non-Recurring Items | RMB 6.2B – 7.0B | +2776.26% to +3121.59% |
The projected figures represent a dramatic turnaround from the RMB 226 million net loss reported during the corresponding period in 2025.
Revenue Expansion #
Based on the guidance, operating revenue is expected to increase by approximately RMB 11.1–12.1 billion year over year, expanding total revenue to roughly four times last year’s level of approximately RMB 3.9 billion.
Meanwhile, attributable net profit is projected to improve by RMB 7.2–7.7 billion, highlighting a significant recovery in operational efficiency and earnings quality.
🚀 Key Drivers Behind the Growth #
Biwin attributes its strong financial outlook to several converging industry and company-specific factors.
AI Infrastructure and Memory Market Recovery #
The rapid expansion of AI computing infrastructure has significantly increased demand for high-performance memory and storage products. At the same time, the broader memory industry has entered a favorable pricing cycle, supporting higher average selling prices and improved profit margins.
Portfolio and Customer Mix Optimization #
The company continues refining its product portfolio while expanding relationships with high-value enterprise customers. This shift toward premium products and strategic customers has contributed to stronger revenue quality and margin expansion.
Continued Vertical Integration #
Biwin has maintained significant investment across multiple technology areas, including:
- Memory chip design
- Customized storage solutions
- Advanced IC packaging and testing
- Proprietary testing equipment
- Research and development for next-generation storage products
These investments strengthen the company’s ability to deliver differentiated storage solutions while reducing dependence on external technology providers.
🖥️ Enterprise Storage Strategy #
Enterprise storage remains one of Biwin’s highest strategic priorities.
Its enterprise portfolio includes:
- SATA SSDs
- PCIe SSDs
- CXL DRAM memory modules
- RDIMM memory solutions
These products target data centers, enterprise servers, cloud infrastructure, and AI computing platforms where demand for high-capacity, low-latency storage continues to accelerate.
The company plans to continue expanding this business segment as a long-term growth engine.
🤖 ePOP Memory Targets AI Wearables #
To address the growing market for AI-powered edge devices, including AI glasses and premium smartwatches, Biwin has introduced its embedded Package-on-Package (ePOP) memory family.
The solution integrates multiple memory technologies into an extremely compact form factor suitable for space-constrained wearable devices.
Heterogeneous Memory Integration #
The ePOP architecture vertically stacks DRAM and NAND Flash within a single package, enabling higher storage density while minimizing PCB footprint.
Ultra-Thin Package Design #
Through advanced multi-die stacking and ultra-thin wafer technologies, the package measures only 0.54 mm thick, placing it among the industry’s thinnest embedded memory solutions.
Low-Power Architecture #
Biwin also incorporates proprietary firmware optimizations and fast-boot technologies designed to reduce power consumption and extend battery life for always-on AI devices.
According to the company, the ePOP platform has secured validation and design wins from numerous global technology companies and device manufacturers, including:
- Meta
- Xiaomi
- Alibaba
- Imoo
- Rokid
- Rayneo
📦 Long-Term Supply Agreements Strengthen Capacity #
To secure component availability amid ongoing supply constraints across the memory market, Biwin previously signed two major procurement agreements during 2026.
March 2026 Agreement #
The first agreement commits approximately US$1.5 billion in purchases over a 24-month period, spanning April 2026 through March 2028.
Procurement will be distributed evenly across eight consecutive quarters, providing stable long-term supply.
June 2026 Agreement #
The second agreement covers enterprise-grade flash memory wafers and dies with a total commitment of approximately US$1.86 billion.
The contract remains effective through June 30, 2028, helping secure raw material availability for future enterprise storage products.
📈 Outlook #
Biwin Storage’s H1 2026 guidance reflects the combined impact of favorable memory market conditions and long-term strategic execution. As AI infrastructure spending continues to accelerate worldwide, demand for enterprise storage, high-performance memory modules, and compact embedded memory solutions is expected to remain strong.
By expanding its enterprise storage portfolio, advancing heterogeneous packaging technologies, and securing multi-billion-dollar component supply agreements, Biwin is positioning itself to capitalize on sustained growth opportunities across both cloud infrastructure and AI-powered edge devices.
The company also notes that future performance remains subject to fluctuations in memory pricing, supply conditions, and downstream market demand throughout the duration of its long-term procurement commitments.