AMEC's founder claimed that 80% of parts would be replaced domestically this year and 100% of parts next year.
Yin Zhiyao, the founder of China Microelectronics, a domestic equipment giant, is known as the "father of China's etching machine". He said in a conference call yesterday that 80% of the restricted imported parts of China Microelectronics can be replaced domestically, and 100% of them will be realized in the second half of next year. % Made in China!
Since October 2022, the restrictive measures in the United States have gradually cut off the connection between domestic semiconductor fabs and global advanced equipment. After that, the domestic market has accelerated the adoption of China Micro Semiconductor's etching equipment.
This week, China Microelectronics announced the financial report data for the first half of this year, achieving operating income of 2.527 billion yuan, a year-on-year increase of 28.13%, and net profit attributable to shareholders of the parent company was 1.003 billion yuan, a year-on-year surge of 114.4%.
Yin Zhiyao also revealed that AMEC's market share in China's capacitively coupled plasma (CCP) etching equipment market is expected to rise to 60 percent from 24 percent last October.
In the market for inductively coupled plasma (ICP) tools, the share of once-dominant Lam Research of the United States has fallen sharply, while the share of China Microelectronics may rise from almost zero to 75%.
The performance report shows that in the first half of this year, the combined revenue of the above two main etching equipment (CCP and ICP) accounted for about 68% of the company's total revenue.
In the first half of the year, the chip equipment market in mainland China shrank by 33% year-on-year, which was even more serious than the 23% decline in the global chip equipment market due to consumer electronics headwinds. Yin Zhiyao believes that this is the stage when domestic semiconductor equipment and key components are self-sufficient.
"We have a detailed roadmap for the localization of key components," Yin Zhiyao added at the meeting. "The use of domestic components for equipment can further open up the Chinese market of China Microelectronics."
According to the data released by the national customs, the total amount of domestic semiconductor production equipment and tools imported in the past two months was nearly 5 billion US dollars (currently equivalent to 36.45 billion yuan), a year-on-year increase of 70%, most of which came from the Netherlands and Japan.
However, under the semiconductor restrictions led by the United States, the restrictions in the Netherlands and Japan came into effect on September 1 and July 23 this year, respectively.
According to the data of the General Administration of Customs, my country's total imports of lithography machines in 2022 will be 3.963 billion US dollars, and the imports from the Netherlands will be 2.548 billion US dollars, accounting for 64.3%; from January to July this year, the imports from the Netherlands will be 2.586 billion US dollars, a year-on-year increase 64.8%.
According to data from market research firm Counterpoint, shipments of the world's top five semiconductor equipment manufacturers to China increased by 30% last quarter.
Ashwath Rao, a senior research analyst at the agency, believes that China's concentrated investment in strategic assets can help ensure local supply, while continued commitment to mature technologies can act as a buffer against geopolitical uncertainty.
It is worth mentioning that Yin Zhiyao, known as the "father of China's etching machines", is a legendary figure. His ancestors have studied abroad for three generations. In 2004, when he was 60 years old, he gave up the superior life in the United States and resolutely decided to return to China to build the semiconductor industry.
Having worked hard in Silicon Valley for 20 years, Yin Zhiyao has personally accumulated 86 US patents and more than 200 international patents in the semiconductor industry, and is known as "one of the most accomplished Chinese in Silicon Valley".
It took only a few years to produce the first plasma etching machine independently developed by my country in just a few years. At present, the company has more than 1200 patents in the world, and has developed many independent knowledge property rights in semiconductor devices.
In addition, China Microsystems released an announcement on the adjustment of core personnel yesterday, adding Cong Hai, Tao Heng, Jiang Yong, Chen Huanglin, Liu Zhiqiang, and He Weiye as the company's core technical personnel. The original core technical personnel Du Zhiyou, Mai Shiyi, and Li Tianxiao were Job responsibilities are adjusted and no longer identified as core technical personnel, but they continue to serve in the company.
It is reported that this is the first time that a Chinese equipment company has publicly disclosed details of executive changes due to US sanctions. In addition, according to a stock preparation document of China Microelectronics, Cong and Tao, front-end electro-etching experts, were also appointed as deputy general managers.
Yin Zhiyao, the founder of China Microelectronics, a domestic equipment giant, is known as the "father of China's etching machine". He said in a conference call yesterday that 80% of the restricted imported parts of China Microelectronics can be replaced domestically, and 100% of them will be realized in the second half of next year. % Made in China!
Since October 2022, the restrictive measures in the United States have gradually cut off the connection between domestic semiconductor fabs and global advanced equipment. After that, the domestic market has accelerated the adoption of China Micro Semiconductor's etching equipment.
This week, China Microelectronics announced the financial report data for the first half of this year, achieving operating income of 2.527 billion yuan, a year-on-year increase of 28.13%, and net profit attributable to shareholders of the parent company was 1.003 billion yuan, a year-on-year surge of 114.4%.
Yin Zhiyao also revealed that AMEC's market share in China's capacitively coupled plasma (CCP) etching equipment market is expected to rise to 60 percent from 24 percent last October.
In the market for inductively coupled plasma (ICP) tools, the share of once-dominant Lam Research of the United States has fallen sharply, while the share of China Microelectronics may rise from almost zero to 75%.
The performance report shows that in the first half of this year, the combined revenue of the above two main etching equipment (CCP and ICP) accounted for about 68% of the company's total revenue.
In the first half of the year, the chip equipment market in mainland China shrank by 33% year-on-year, which was even more serious than the 23% decline in the global chip equipment market due to consumer electronics headwinds. Yin Zhiyao believes that this is the stage when domestic semiconductor equipment and key components are self-sufficient.
"We have a detailed roadmap for the localization of key components," Yin Zhiyao added at the meeting. "The use of domestic components for equipment can further open up the Chinese market of China Microelectronics."
According to the data released by the national customs, the total amount of domestic semiconductor production equipment and tools imported in the past two months was nearly 5 billion US dollars (currently equivalent to 36.45 billion yuan), a year-on-year increase of 70%, most of which came from the Netherlands and Japan.
However, under the semiconductor restrictions led by the United States, the restrictions in the Netherlands and Japan came into effect on September 1 and July 23 this year, respectively.
According to the data of the General Administration of Customs, my country's total imports of lithography machines in 2022 will be 3.963 billion US dollars, and the imports from the Netherlands will be 2.548 billion US dollars, accounting for 64.3%; from January to July this year, the imports from the Netherlands will be 2.586 billion US dollars, a year-on-year increase 64.8%.
According to data from market research firm Counterpoint, shipments of the world's top five semiconductor equipment manufacturers to China increased by 30% last quarter.
Ashwath Rao, a senior research analyst at the agency, believes that China's concentrated investment in strategic assets can help ensure local supply, while continued commitment to mature technologies can act as a buffer against geopolitical uncertainty.
It is worth mentioning that Yin Zhiyao, known as the "father of China's etching machines", is a legendary figure. His ancestors have studied abroad for three generations. In 2004, when he was 60 years old, he gave up the superior life in the United States and resolutely decided to return to China to build the semiconductor industry.
Having worked hard in Silicon Valley for 20 years, Yin Zhiyao has personally accumulated 86 US patents and more than 200 international patents in the semiconductor industry, and is known as "one of the most accomplished Chinese in Silicon Valley".
It took only a few years to produce the first plasma etching machine independently developed by my country in just a few years. At present, the company has more than 1200 patents in the world, and has developed many independent knowledge property rights in semiconductor devices.
In addition, China Microsystems released an announcement on the adjustment of core personnel yesterday, adding Cong Hai, Tao Heng, Jiang Yong, Chen Huanglin, Liu Zhiqiang, and He Weiye as the company's core technical personnel. The original core technical personnel Du Zhiyou, Mai Shiyi, and Li Tianxiao were Job responsibilities are adjusted and no longer identified as core technical personnel, but they continue to serve in the company.
It is reported that this is the first time that a Chinese equipment company has publicly disclosed details of executive changes due to US sanctions. In addition, according to a stock preparation document of China Microelectronics, Cong and Tao, front-end electro-etching experts, were also appointed as deputy general managers.
