Chinese semiconductor industry

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tokenanalyst

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Semiconductor equipment manufacturer Shiyu Precision is planning an A-share IPO and has already conducted listing counseling​


Jiwei.com reported that on April 20, the China Securities Regulatory Commission disclosed Huatai United Securities’ report on Shanghai Shiyu Precision Equipment Co., Ltd.’s initial public offering and listing counseling and filing.

It is understood that Shiyu Precision was established in 2013. It is a semiconductor back-end equipment manufacturer. Its main products include: various ball planting machines based on substrates, sockets, wafers, and flat panels; various epoxy mounts for micro-assembly applications Machine, DAF chip loading machine, ultra-thin chip stacking chip loading machine, flip chip hot pressing chip loading machine, multi-functional IGBT chip mounting machine; AOI detection and measurement system, laser application equipment, etc. High-end packaging and testing equipment.

According to the official information of Shiyu Precision, the company's multi-axis motion control, microsphere planting technology, microsphere filling technology, chip surface defect inspection technology, ultra-low load loading technology, ultra-high precision loading technology, and lens dual-view alignment Technology, thermal expansion control technology, ultra-thin chip extraction technology, incomplete wafer positioning and absorption technology, SECS/GEM communication system, high-level language integrated control system and other aspects have strong technical accumulation.

A few days ago, Shiyu Precision announced the completion of a new round of financing of several hundred million yuan. Investors in this round include IDG Capital, China Electronics Research Investment Fund, Houxue Capital, Wuchan Zhongda Investment, Shangqi Capital, Hongsheng Capital, Tianma, Orient Securities Capital, Seco Hongjin, etc.

It is worth noting that Shiyu Precision’s last round of financing has been led by IDG Capital, followed by Orient Securities Capital and other institutions. It shows that the head organization highly recognizes Shiyu Precision, helps the development of high-end equipment manufacturing industry, realizes domestic substitution of high-end equipment, and contributes to the development of China's semiconductor industry.

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Overbom

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US is preparing a counterstrike in case China bans Micron chips
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US urges South Korea not to fill China shortfalls if Beijing bans Micron chips​

White House has tried to enlist Samsung Electronics and SK Hynix in its semiconductor battle with Beijing
The White House has asked South Korea to urge its chipmakers not to fill any market gap in China if Beijing bans Idaho-based Micron from selling chips, as it tries to rally allies to counter Chinese economic influence.
The US made the request as President Yoon Suk-yeol prepares to travel to Washington for a state visit on Monday, according to four people familiar with the talks between the White House and presidential office in Seoul.
It is unclear how Seoul has responded. US and South Korean officials are finalising the visit. They are discussing many issues, including how the US can give Seoul more assurance about “extended deterrence” — the US nuclear umbrella — as North Korea ratchets up tensions on the peninsula.

Something interesting:
One person who recently met Chinese officials in Beijing said they were losing patience at what they saw as US efforts to crack down on Chinese companies, suggesting that it was considering retaliation.
 

Dark Father

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US is preparing a counterstrike in case China bans Micron chips
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Something interesting:
Here is a non paywall link. Notice how the Anglophone mainstreammedia-think tank industrial complex uses 'economic coercion' in the case of China but refer to the more malign economic terror of the US as lawful 'export controls' or 'defending democracy and national security'. It's from Demetri. One of the point man to whom insiders in the Biden administration do numerous 'leaks' while the man does their bidding.

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