Gerald Yin Zhiyao

China’s ‘basic self-sufficiency’ in chip-making tools could come this summer, veteran says

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China’s ‘basic self-sufficiency’ in chip-making tools could come this summer, veteran says

China could be on the verge of reaching a basic level of self-sufficiency in chip-making tools by this summer, something that seemed unlikely just a couple of years ago, according to an industry veteran, although it remains years behind the US in sophistication. Gerald Yin Zhiyao, chairman and CEO of Shanghai-listed Advanced Micro-Fabrication Equipment China … Read more

Chinese etching tools giant AMEC sees 2023 sales rise more than 30% on strong demand from mainland semiconductor fabs

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Chinese etching tools giant AMEC sees 2023 sales rise more than 30% on strong demand from mainland semiconductor fabs

Shanghai-based AMEC said in a regulatory filing on Sunday that its 2023 revenue is expected to reach 6.26 billion yuan (US$879 million), up 32.1 per cent from the previous year, on the back of strong domestic demand. The company said it recorded 8.36 billion yuan worth of new orders, a 32.3 per cent year-on-year increase. … Read more