Semiconductor industry veteran Yin – who previously worked in the US at Applied Materials, Lam Research and Intel – identified as a US citizen in AMEC’s annual reports for 2022, 2021 and 2020. AMEC did not state Yin’s nationality in the firm’s 2023 report. The change of citizenship for Yin, 81, is the latest sign…
Naura Technology Group, China’s top chip equipment maker, said it expects a sharp rise in revenue and profit for the first quarter of 2025, after reporting strong performance in 2024, highlighting the country’s progress towards semiconductor self-sufficiency. The Beijing-based company, a key equipment supplier for the domestic chip industry, said in a corporate filing on…
Beijing-based Naura was ranked sixth among global chipmaking equipment suppliers by revenue last year, up from eighth place in 2023 when it cracked the industry’s top-10 leaderboard for the first time, according to a report last week by Chinese semiconductor research firm CINNO. The state-backed company, which is expected to post about a 40 per…
KUALA LUMPUR, Dec 7 — Malaysia is witnessing a rapid transformation as foreign investments in technology and manufacturing pour in, driven by US-China tensions and Southeast Asia’s strategic advantages. According to a new Bloomberg report, the country attracted nearly US$44 billion (RM195 billion) in foreign direct investment to Penang alone since 2019, tripling its previous…
As the U.S. continues to strengthen restrictions on advanced technology in China, U.S.-based chip equipment manufacturers are reportedly telling suppliers to find alternatives to Chinese-made components. Chip equipment makers, including California-based Applied Materials (AMAT) and Lam Research (LRCX), have told suppliers they worry risking their vendor status for using certain components supplied by China, the…