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…
China’s semiconductor sector saw a steep one-third decline in funding inflows this year amid US restrictions on advanced chips and overcapacity concerns in legacy chips, according to data from a local industry research firm. In the first 11 months of 2024, the country’s chip industry recorded 677 investment deals, a decline of 35.9 per cent…
Delegates at a Chinese semiconductor conference in Shanghai have called for “global cooperation”, sending a conciliatory message at a time when Washington and Beijing are intensifying a chip war. At the Global Semiconductor Market Summit on Thursday, one of China’s first major chip industry gatherings since the Biden administration imposed new export restrictions, speakers largely…