Chinese semiconductor thread II

[sunnymaxi]

Yeah that’s actually a possibility this coming 2/3 years, which is crazy when you think about it. Since SMOC has been the semiconductor flag bearer of China so far

they still is.. next year massive 7nm capacity coming online so their revenue will jump in 2026-27 and SMIC is already the 2nd largest pure fab in the world after TSMC.

but yeah CXMT and YMTC did a remarkable job.

don't forget Memory industry is very lucrative. SK Hynix last year revenue was 46 Billion USD and Micron 25 Billion USD.. so there is a huge room of growth for CXMT/YMTC.

 

[gaussgun]

CXMT and YMTC are private companies，we would never know their revenue

They're both preparing to list in Shanghai

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[tphuang]

https://twitter.com/i/web/status/1989055067089981522

I did notice from looking at their chart that capex was 17B RMB in Q3. Which is huge! That's $2.5B and noticeably higher than both Q2 (13B) and 2024Q3 (8B). So, they are spending more money than ever on capex at a time when ASML sales & Lam sales in China are about to come down. So, a big question is then who are they going to be buying the equipment from?

Their actual capacity didn't increase that much. Was just 30k wpm from Q2 in 8-inch equivalent. It did increase by 138k wpm from a year ago in 8-inch equivalent. So, a little more than 50k wpm 12-inch equivalent.

It definitely seems like CXMT & YMTC are expanding faster right now.