AMEC announced their Q3 earnings.
profits up 123.91% vs a year ago and revenue up 45.9%
Etching equipment revenue up 41.96% and MOCVD up 73.89%
More importantly, their order book is growing faster than their sales. So, plenty of room for increased production.
Marvel is leaving China
This is a huge change since they had close to 1000 employees in China, including 800 in Shanghai. Imo, all the American semiconductor companies will have to close up shop over the next year in China. After all, how can they survive just on non-Chinese orders? That will be a huge injection of talent to their Chinese competitors.
Wuxi MotionSilicon has passed the German TUV ISO 26262 standard for auto chip meeting the highest level ASIL-D standard.
I think Chinese auto chips are going proliferate in European market soon.
finally a little more details on YMTC's new TiPlus7100 product. There is no indication that they are going to be having any production issues.