China’s top chip tool maker Naura sees revenue surge amid US trade tensions

China’s top chip tool maker Naura sees revenue surge amid US trade tensions

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…

Read More
US businessman pleads guilty to trying to export sensitive tech to China without a licence

US businessman pleads guilty to trying to export sensitive tech to China without a licence

The owner of a North Carolina-based electronics resale business has pleaded guilty to attempting to export sensitive technology with military applications to China without a licence, the US Justice Department said on Friday. David C. Bohmerwald, whose Components Cooper Inc. operates in Raleigh, admitted to violating the Export Control Reform Act (ECRA) by trying to…

Read More