China Set to Boost Local Chipmaking Equipment Industry -- Market Talk

Dow Jones09-05

0745 GMT - China will likely step up efforts to grow its chipmaking equipment industry over the next two years as it ramps up competition with the U.S., Daiwa analysts Bintuo Ni and Melody Zhao say in a note. "Given the ongoing US-China chip war and long-term outlook, China has every reason to boost the localization rate as fast as possible," they say. Advanced fab expansion, especially from Chinese memory-chip makers, could help drive demand for semiconductor production equipment, which Daiwa forecasts will rise 23% in 2024 but stay flat for 2025 and 2026 given the intense rate of purchasing so far this year. Domestic equipment producers like Naura Technology, Advanced Micro-Fabrication Equipment and Piotech could book strong revenue growth over 2024-2026 on the trend, they say. (sherry.qin@wsj.com)

(END) Dow Jones Newswires

September 05, 2024 03:46 ET (07:46 GMT)

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Advanced fab expansion, especially from Chinese memory-chip makers, could help drive demand for semiconductor production equipment, which Daiwa forecasts will rise 23% in 2024 but stay flat for 2025 and 2026 given the intense rate of purchasing so far this year. Domestic equipment producers like Naura Technology, Advanced Micro-Fabrication Equipment and Piotech could book strong revenue growth over 2024-2026 on the trend, they say. (sherry.qin@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 05, 2024 03:46 ET (07:46 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Set to Boost Local Chipmaking Equipment Industry -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina Set to Boost Local Chipmaking Equipment Industry -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-05 15:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>0745 GMT - China will likely step up efforts to grow its chipmaking equipment industry over the next two years as it ramps up competition with the U.S., Daiwa analysts Bintuo Ni and Melody Zhao say in...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1997245094.SGD","symbol_name":"安联神州A股基金AT Acc SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2465951446","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2465951446","pubTimestamp":1725522360,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0745 GMT - China will likely step up efforts to grow its chipmaking equipment industry over the next two years as it ramps up competition with the U.S., Daiwa analysts Bintuo Ni and Melody Zhao say in a note. \"Given the ongoing US-China chip war and long-term outlook, China has every reason to boost the localization rate as fast as possible,\" they say. Advanced fab expansion, especially from Chinese memory-chip makers, could help drive demand for semiconductor production equipment, which Daiwa forecasts will rise 23% in 2024 but stay flat for 2025 and 2026 given the intense rate of purchasing so far this year. Domestic equipment producers like Naura Technology, Advanced Micro-Fabrication Equipment and Piotech could book strong revenue growth over 2024-2026 on the trend, they say. 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