Chinese semiconductor industry

Invest 140 million! Pudat Technology entered the field of CVD equipment​

On October 12, Pudat Technology announced that the company is developing the CVD (chemical vapor deposition) equipment business as planned, and the company will invest RMB 140 million in the business in the early stage. As planned, the range of CVD products includes a variety of advanced thermal CVD equipment for the manufacture of 12-inch chips, and the company expects related products to enter commercial production in 2024.

Pudat Technology said that thermal CVD equipment plays a key role in the thin film deposition process of semiconductor equipment manufacturing, and in the products used in this process. The company believes that the CVD equipment business will provide a strong impetus for domestic substitution, and at the same time has a broad market space.

The equipment business of Prodat Technology currently has two major sectors, semiconductor equipment and solar equipment. Among them, the semiconductor business relies on the company's strong self-research team and epitaxial M&A two-wheel drive, mainly involving single-chip cleaning equipment and CVD equipment for thin film deposition processes. The solar energy business was acquired through the acquisition of the solar energy business of German RENA Company in China, mainly involving wet cleaning and texturing equipment and copper electroplating equipment.

It is understood that since the beginning of this year, Pudat Technology has successively announced the news that its self-developed semiconductor cleaning equipment has been put into production and obtained market orders, providing single-chip wet processing equipment to downstream customers and designing and manufacturing other semiconductor cleaning products. The launch of the CVD equipment business this time also means that Prodat Technology will enter another major semiconductor manufacturing process and process sector other than cleaning.

----------------------------------------------------------------------------

Pudat Technology Co., Ltd. ("Pudat" or the "Company", Hong Kong Stock Exchange: 00650.HK) is mainly engaged in the manufacture of equipment for the semiconductor and solar cell industries, and the company also has crude oil assets in China. With strong support from shareholders, platform-based development strategy, industry-leading teams and support from global industry partners, the company will firmly grasp the huge opportunities brought about by the sustainable development and supply chain re-optimization of the global semiconductor and solar industries, and provide industry opportunities for the industry. Manufacturing companies provide high-productivity solutions and develop into industry-leading suppliers.

25%! Micro-conducting and nano-AEP® technology achieves breakthrough in mass production efficiency of GW-level TOPCon cells​

---

Recently, the world's first AEP ® atomic layer deposition technology GW -level TOPCon whole line project delivered by Microconductive Nano has achieved a breakthrough progress of an average mass production efficiency of 25% , adding new momentum to the further acceleration of the industrialization of N -type TOPCon cells. It also marks that the photovoltaic industry has ushered in a critical period of technological upgrading.

Shenyang Fortune Precision Equipment Co., Ltd. (hereinafter referred to as "Fortune Precision") was successfully listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange. This time, 52.263334 million shares were issued, the issue price was 69.99 yuan, and the total amount of funds raised was 3.658 billion yuan, which was used for the construction of a full-process intelligent manufacturing production base for integrated circuit equipment parts and supplementary working capital.

According to the data, Fuchuang Precision was established in 2008. It is a domestic precision parts company for semiconductor equipment and one of the few precision parts manufacturers in the world that can mass-produce semiconductor equipment used in the 7nm process.

In terms of products, Fuchuang Precision's main products are used in semiconductor equipment covering core links such as etching, thin film deposition, lithography and adhesive development, chemical mechanical polishing, ion implantation, etc. in integrated circuit manufacturing. front-end equipment.

In terms of revenue, from 2019 to 2021, the company's operating income was 253 million yuan, 481 million yuan and 843 million yuan respectively, and the compound growth rate of revenue in the past three years was 82.43%. In the first half of 2022, the company's revenue was 598 million yuan, a year-on-year increase of 73.16%.

Fuchuang Precision said that at present, the company has entered the supply chain system of global semiconductor equipment leading manufacturers such as Customer A (AMAT), Tokyo Electron, HITACHI High-Tech and ASMI (the parent company of ASML and ASMPT) , and it is the global strategy of Customer A. supplier. At the same time, based on the localization trend of semiconductor equipment, the company actively explores the domestic market, and its products have entered the market including North Huachuang, Yitang Co., Ltd., Zhongwei Company, Tuojing Technology, Huahai Qingke, Xinyuanwei, Zhongkexin Equipment, Kaishi and other mainstream domestic semiconductor equipment manufacturers.

european_guy said:

That idea was before Ukraine.

Now I am more dubious regarding actual business autonomy of Europe. Our political representatives in Bruxelles put strategic dependency to US above interests of European people. People is not happy about it, but TV and media even don't show street protests that are taking place across Europe, and all official news and talk show guests are pure pro-war propaganda. Europe really changed a lot since last year.

In a more independent business environment, surely a Chinese fab in Europe, or even better in Holland, in JV with NXP (that is Dutch) or also with STM/Infineon would be something to consider. General purpose CPU, GPU or smartphone chips are of no interest in Europe, but automotive chips are, and because it has to be an advanced EUV fab to make sense, then autonomous-driving AI chips come to my mind as a possible target final product.

The collaboration could be even more vertical. For instance there could be a parallel JV or agreement between Biren or other Chinese AI chips developer with European advanced firms, universities and research centers (that have strong connections with Bruxelles).

So it would be a small but advanced EUV fab, fully de-Americanized, to manufacture Biren and siblings AI chips, all with participation of European semiconductor groups and research centers. That would be a clear win-win strategy: China would have guaranteed access to an advanced EUV fab that offers foundry services to Chinese AI companies, and Europe would have an European alternative to US in the future key AI chips market. And both China and Europe would have access to the European market that today is dominated by US.

Because of the last reason alone, the pressure of US to derail a possible China-Europe JV in AI chips would be huge.

Click to expand...

So, I would've agreed with a couple of months ago, but things seem to be coming back in China's direction a little bit recently. Scholz is going to China with a whole bunch of business people (like VW CEO)
Despite the best effort of the neoliberal anti-China elites to verbally tell German business leaders to decouple from China, the opposite has happened. Large German businesses have gotten even closer to China. The fact that Scholz is making this high profile trip while also telling the world that Germany does not want to decouple from China tells me that the business people won over the stupid Green party politicians.

We know that VW created CARIAD which just go in a JV with Horizon Robotics for the Chinese market. Although this is just for the Chinese market right now, one would imagine VW would be foolish to not use technology developed for the Chinese market by CARIAD and Horizon Robotics to not get used in Europe. Journey 5/6 chips can entirely be made by SMIC. There is also that meeting a while back in Chongqing with SMIC and Bosch group. Beyond that, Chinese power/industrial chip makers are starting to win order in Europe. One would imagine it makes sense for both side to have Chinese companies to open up fabs in Europe. Maybe the fabs themselves will start off just producing industrial/power chips, but they can move toward producing auto CPUs later for Horizon Robotics.

Further cooperation in this area would at least give large European IC companies like ASML to create de-americanized products. ASML has 1500 employees in China. That's a lot of people who can look into de-americanize EUVs with local Chinese firms. ASML can either work with these firms or risk losing its high end lithography monopoly. The fact that the Dutch gov't and ASML has resisted US gov't tells me that this is not a lost cause. Again, I don't expect this to happen for a couple of years, but China has to show itself as helpful to Europe's semiconductor industry in order to keep its relationship (in the face of US pressure).

What China has to show to the world is that you can have a successful semiconductor industry without American know how. If it is able to do that, America will no longer have the same level of leverage.

tphuang said:

So, I would've agreed with a couple of months ago, but things seem to be coming back in China's direction a little bit recently. Scholz is going to China with a whole bunch of business people (like VW CEO)

Please, Log in or Register to view URLs content!

Despite the best effort of the neoliberal anti-China elites to verbally tell German business leaders to decouple from China, the opposite has happened. Large German businesses have gotten even closer to China. The fact that Scholz is making this high profile trip while also telling the world that Germany does not want to decouple from China tells me that the business people won over the stupid Green party politicians.

We know that VW created CARIAD which just go in a JV with Horizon Robotics for the Chinese market. Although this is just for the Chinese market right now, one would imagine VW would be foolish to not use technology developed for the Chinese market by CARIAD and Horizon Robotics to not get used in Europe. Journey 5/6 chips can entirely be made by SMIC. There is also that meeting a while back in Chongqing with SMIC and Bosch group. Beyond that, Chinese power/industrial chip makers are starting to win order in Europe. One would imagine it makes sense for both side to have Chinese companies to open up fabs in Europe. Maybe the fabs themselves will start off just producing industrial/power chips, but they can move toward producing auto CPUs later for Horizon Robotics.

Further cooperation in this area would at least give large European IC companies like ASML to create de-americanized products. ASML has 1500 employees in China. That's a lot of people who can look into de-americanize EUVs with local Chinese firms. ASML can either work with these firms or risk losing its high end lithography monopoly. The fact that the Dutch gov't and ASML has resisted US gov't tells me that this is not a lost cause. Again, I don't expect this to happen for a couple of years, but China has to show itself as helpful to Europe's semiconductor industry in order to keep its relationship (in the face of US pressure).

What China has to show to the world is that you can have a successful semiconductor industry without American know how. If it is able to do that, America will no longer have the same level of leverage.

Click to expand...

Sorry OOT but this graph shows that Scholz won't decouple from China.

AfD above SPD and Grune will fries everybody mind

caudaceus said:

Sorry OOT but this graph shows that Scholz won't decouple from China.

AfD above SPD and Grune will fries everybody mind

https://twitter.com/i/web/status/1581298375407779845

Click to expand...

Although the bombarding propaganda, people here is realizing that Europe played a too passive role in Ukraine war and that our political representatives in Bruxelles did not really represent our interests. Maybe someone's else interests, but we voted them, not US people. So Europeans slowly (because we can't go fast), but surely are wakening up across Europe and this will have some effect in the future. It's a fact that right parties are gaining share almost everywhere. The same happened exactly one century ago, and for similar reasons: after WW1 there was a huge crisis and old politicians were ineffective and just interested in preserving themselves....things didn't go well though.

Sorry for the OT.

Well that was fast. Looks like the blowback from that Bloomberg article has gotten tsmc to stop production of biren chips until they can get confirmation on whether or not it is allowed. We will see what happens, but this might delay biren development by a few months depending on how many chips it has received. As with all else, they should be working with smic on their next chip.

tphuang said:

Now, I do think these "loopholes" will get closed soon enough, so biren should mass order and stock up as many of these chips as possible.

Click to expand...

Looks like something already happened. Yesterday Bloomberg also reported TSMC would continue to fab for Biren. Few hours ago they posted a new article that says TSMC has suspended the work with Biren and that they haven't decided whether Biren meets US rules.