Chinese semiconductor industry

Sanan Optoelectronics: Benefiting from the progress of domestic equipment, the proportion of the company's domestic equipment is gradually increasing​

Jiwei.com news (text/Bai Yuxuan) On November 28, Sanan Optoelectronics asked on the investor interaction platform, "Is your company's silicon carbide and Mini LED production equipment produced nationwide? Is there any US or its allies?" If the supply is cut off, how to solve it?" Inquiry questions such as, in recent years, benefiting from the progress of domestic equipment, the proportion of companies using domestic equipment is gradually increasing.

Regarding the company's Mini LED technology, San'an Optoelectronics said that the company's high-end LED field continues to increase, especially the application of Mini LED has been continuously promoted by international leading customers.

Sanan Optoelectronics said that the company is continuing to develop its core business around the strategic plan. On the one hand, it adjusts the proportion of LED subdivided high-end products, and on the other hand, it strives to accelerate the improvement of the compound integrated circuit product business. With the release of production capacity and the continuous advancement of customer procurement scale, the company's profitability will be reflected. Stock price fluctuations are affected by various factors such as the macro environment, policies and market sentiment.

It is understood that Sanan Optoelectronics is the largest and leading quality full-color ultra-high-brightness LED epitaxy and chip industrialization manufacturer in China. On the basis of traditional advantages, it actively improves the subdivision of Mini/Micro LED and automotive LED. , plant lighting LEDs, ultraviolet/infrared LEDs and other products account for the structure; engaged in RF front-end, power electronics, optical technology compound semiconductor integrated circuit business, the revenue scale is growing with the increase in production capacity.

The Netherlands' exports of semiconductor equipment to China surged by more than 100% in October

tokenanalyst said:

I think ACM Reseach Shanghai operate on their own. ACM US is mainly their financial HQ and a way for them to serve the global market, I dont think they manufacture or do R&D in the US. Their assets are in China and most of their R&D is done in China and is heavily subsidize by the Chinese goverment. In any case they could be forced to sell their Chinese assets and IP to another Chinese company or to operate independently.

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Here's the holding structure of ACMR for your reference from its Shanghai listing prospectus - you can use an OCR translator for those interested.

The vast majority of ACMR Shanghai's ownership is via ACMR USA, however, the Shanghai listed subsidiary could buy-out its US owner if this ever became a serious issue.

Sanan Optoelectronics: Benefiting from the progress of domestic equipment, the proportion of the company's domestic equipment is gradually increasing

On November 28th, Sanan Optoelectronics asked on the investor interaction platform, "Is your company's silicon carbide and Mini LED production equipment nationalized? Is there equipment from the United States or its allies? How to solve the problem if the supply is cut off?" ?” and other inquiries indicated that in recent years, benefiting from the progress of domestic equipment, the proportion of companies using domestic equipment is gradually increasing.

Regarding the company's Mini LED technology, San'an Optoelectronics said that the company's high-end LED field continues to increase, especially the application of Mini LED has been continuously promoted by international leading customers.

Sanan Optoelectronics said that the company is continuing to develop its core business around the strategic plan. On the one hand, it adjusts the proportion of LED subdivided high-end products, and on the other hand, it strives to accelerate the improvement of the compound integrated circuit product business. With the release of production capacity and the continuous advancement of customer procurement scale, the company's profitability will be reflected. Stock price fluctuations are affected by various factors such as the macro environment, policies and market sentiment.

It is understood that Sanan Optoelectronics is the largest and leading quality full-color ultra-high-brightness LED epitaxy and chip industrialization manufacturer in China. On the basis of traditional advantages, it actively improves the subdivision of Mini/Micro LED and automotive LED. , plant lighting LEDs, ultraviolet/infrared LEDs and other products account for the structure; engaged in RF front-end, power electronics, optical technology compound semiconductor integrated circuit business, the revenue scale is growing with the increase in production capacity.

pecopls said:

Here's the holding structure of ACMR for your reference from its Shanghai listing prospectus - you can use an OCR translator for those interested.

The vast majority of ACMR Shanghai's ownership is via ACMR USA, however, the Shanghai listed subsidiary could buy-out its US owner if this ever became a serious issue.

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I am wondering what is the ACMR CEO Wang Hui doing at the moment. Since he is US citizen，is he still working at ACMR ShangHai？

pecopls said:

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Here's the holding structure of ACMR for your reference from its Shanghai listing prospectus - you can use an OCR translator for those interested.

The vast majority of ACMR Shanghai's ownership is via ACMR USA, however, the Shanghai listed subsidiary could buy-out its US owner if this ever became a serious issue.

Click to expand...

Last year ACMR Shanghai subsidiary went through an IPO and has been listed on the Shanghai Stock Exchange.


This is a very important step. Now ACMR Shanghai is a Chinese public company. US ACMR is the main shareholder, but as I understand it, the company is fully Chinese with US ownership.

US would need and ad-hoc law to block ACMR Shanghai from selling in China, eventually they can forbid US investors to invest in Chinese semiconductor companies, this would force AMCR US to sell its shares of ACMR Shanghai. For US administration it would be like shoot himself in the foot....but of course they can very well do it...I wouldn't be surprised at all.

tonyget said:

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​

TSMC Will Reportedly Charge $20,000 Per 3nm Wafer​

GPUs and SoCs to get more expensive


Interesting the price between 90nm and 28nm, just 67%, despite being 10 years difference.
VS other nodes like 5nm and 28nm, a whopping 533% increase in just 6 years.
We are reaching the limits of Moore's Law.

A post I want to share with you from a mentor I truly respected. Like what I said before, the US can have the 3nm chips, while the Chinese will concentrate in auto and industrial chips. Those fancy chips needs a lot of customer to be profitable and with the current global economic malaise. Just as @tokenanalyst posted above, Apple need to sell their Iphone at $2,000 to maintain their high profit margin or accept a lesser one.


While some of the news I shared may not be what you expect, there are some positive news that i would like to share.

While most on this forum only see the Big 4 from news media (SMIC, Huahong, CXMT, YMTC), they failed to see the progress elsewhere. A little bit here and there do add up to big sum.

For example, in the Shenzen Greater Bay Area, there are many fab expansion in progress. Due to the US sanction, most are now limited to 28nm and up. But if you add these up, I see upwards of 600K wafers per month total 28nm & up capacity to be added between ~2024 to 2030. This in addition to the 340K wafers per month announced by SMIC. And we see Huahong Fab8 & Fab9 being planned as well.

So, while I see China 16nm and below expansion stunted by US BIS action (this is contrary to what SDF members are predicting), but what we see in the industry is quite a bit of 28nm expansion that's much more optimistic than what SDF sees.

So, brother, what I'm saying is we see about one million 12" wafers per month of 28nm fab capacity by 2030. Despite of lack of advanced nodes, the sheer volume of 28nm that we should be able to build up without US interference is cause for celebration (US knows they need China to support the more legacy nodes...since I don't think they are interested in investing in the older nodes themselves).

tonyget said:

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How come Samsung is not included?