China Ramps Up Domestic Chip Equipment Purchases, But Still Lags in Advanced Lithography
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Chinese chip equipment makers like Naura and AMEC are winning more orders from domestic foundries as China seeks self-reliance in semiconductors.
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Nearly half of all equipment tenders by Chinese foundries so far in 2023 have gone to local suppliers, up from just 36% in March-April.
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Revenues of top 10 Chinese equipment firms grew 39% in H1 2023 to $2.2 billion, but lithography remains a weak spot.
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China's imports of lithography machines from Netherlands rose 81% in Jan-Aug as it stockpiles equipment before restrictions.
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Analysts say quality of Chinese tools is improving faster than expected, but still lags leaders like ASML in advanced lithography.