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