Recently, there have been frequent reports of good news from Chinese semiconductor equipment manufacturers. Industry insiders said that benefiting from factors such as the expansion of downstream fabs, equipment has become the field with the most certainty of performance in the semiconductor industry. For Chinese semiconductor equipment companies, the next three to five years. is a critical development period.
According to the China Securities Journal, an analyst of the electronics industry of an index brokerage said: “The semiconductor equipment market is currently in a very prosperous state, mainly because the expansion of wafer fabs has significantly stimulated equipment purchases, and in the context of supply chain restructuring , fab expansion is the trend.”
The above-mentioned analysts said that in recent years, China’s wafer production capacity has been in a climbing channel, and it is expected that there will be more production capacity next year. Over the next three years, local fab capital expenditures are expected to surge by around 20% per year, driving up equipment demand.
Recently, the wafer foundry giant Hua Hong Semiconductor (01347-HK) on the issue of an announcement, indicating that it intends to increase the registered capital of its subsidiary Hua Hong Wuxi to US$2.537 billion, originally from US$1.8 billion, to ensure sufficient working capital and expand wafer production capacity.
SMIC (688981-CN) will spend about $5 billion in capital spending this year, mostly on three new plants. China Resources Micro (688396-CN) also said that it will further enhance the 8-inch production lines in Wuxi and Chongqing, and has planned capital expenditures.
A director of a semiconductor equipment company in Shanghai said frankly: “There are many fabs that want to buy equipment, but there are only a few equipment companies, and the company’s production capacity is extremely tight. The delivery time of semiconductor equipment cannot meet the expansion requirements of the fab. This is the industry facing The status quo. The delivery time of domestic equipment will be faster, but it is also affected by production capacity and supply chain.”
Li Ming (pseudonym), a veteran of the semiconductor equipment industry, also said, “The delay in the supply of overseas component manufacturers has both the epidemic factor and the chain reaction caused by the shortage of chips. Components such as switches and controllers also require chips, and the shortage of chips will cause It affects the delivery of parts. At the same time, some parts manufacturers are in no hurry to expand their production capacity because they are worried about overcapacity in the future. Even if they expand production, it will take a certain amount of time, and at the same time, they will face problems such as labor shortages.”
Recently, there have been frequent reports of good news for Chinese semiconductor equipment manufacturers, and Zhichun Technology (603690-CN) said on Wednesday (6th) that the total amount of new orders in the first half of the year wasRMB 2.362 billion yuan, a jump of 37.33% over the same period last year, of which new orders for semiconductor process equipment were 806 million yuan.
China Micro Corporation (688012-CN) said on Tuesday that the amount of new orders in the first half of the year wasRMB 3.06 billion yuan, a 62% increase from a year ago. Zhongwei is a Chinese etching machine and MOCVD equipment manufacturer. Recently, Huahai Qingke (688120-CN) also said that many customers have built new production lines this year, and the order situation is relatively optimistic.