China has looked to boost its domestic semiconductor industry, as it targets self-reliance and to wean itself off of foreign semiconductor firms.
That has underpinned the boost in revenues for China's domestic chip equipment manufacturing firms.as the top Chinese semiconductor equipment maker by revenue. The company produces tools required in the chip manufacturing process. Naura operating revenue in the first half of they ear stood at more than 7 billion yuan, up 68% year-on-year and outpacing other companies, CINNO said.
The second-largest Chinese domestic player is Advanced Micro-Fabrication Equipment Inc. China , which makes machines required for the semiconductor manufacturing process. Revenue rose 28% year-on-year to 2.53 billion yuan in the first half of the year, CINNO said. ACM Research is the third-biggest Chinese player. It makes cleaning and packaging equipment for semiconductors, with revenue surging 47% year-on-year in the first half of the year to 1.61 billion yuan.
Still, China lacks access to some of the most advanced chipmaking tools around. For example, Dutch firm ASML makes a chipmaking tool called an extreme ultraviolet lithography machine — one of the costly instruments required to make the most advanced chips around. But ASML has beenThose restrictions, in addition to concerns about further tensions with the U.S., are one reason why Beijing has turned to its domestic firms.
Huawei quietly launched a new smartphone this month, which can connect to next-generation 5G mobile networks, despite U.S. sanctions that aimed to cut the Chinese tech giant off from this technology. That's thanks to a chip that appears to be manufactured by SMIC — which has surprised because it is a
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