Chinese semiconductor thread II
- Thread starter vincent
- Start date
From an interview with Xinding Capital Chairman, the company has been seriously investing and taking their position in China semiconductor industry, especially in China nascent lithography industry.
This private capital allows Chinese companies to get funds while at the same time keep their development out of the public view.
Different from Naura and AMEC that has to constantly publishing their developments to entice retail investors. Although Naura and AMEC receive also massive private and government investment.
One mistake that many people do, including obviously most of the stooges think tankers in D.C. is the only money that is flowing to China semiconductor industry is only coming from the central government, of course there is a lot coming from the central government, a lot to semiconductor research and development, but the amount of private capital flowing to China semiconductor industry is huge and that is not counting with the money coming from provincial and local governments and the money coming from stock investors.
This private capital allows Chinese companies to get funds while at the same time keep their development out of the public view.
Different from Naura and AMEC that has to constantly publishing their developments to entice retail investors. Although Naura and AMEC receive also massive private and government investment.
One mistake that many people do, including obviously most of the stooges think tankers in D.C. is the only money that is flowing to China semiconductor industry is only coming from the central government, of course there is a lot coming from the central government, a lot to semiconductor research and development, but the amount of private capital flowing to China semiconductor industry is huge and that is not counting with the money coming from provincial and local governments and the money coming from stock investors.
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Core enterprises in the fields of photolithography machines, etching machines, ion implanters, etc. are covered by Xinding Capital. Nearly 5 billion of the more than 9 billion funds under management have been invested in integrated circuit. Xinding Capital focuses on the entire industry chain including equipment, materials, design, manufacturing, packaging and testing, and actively looks for "stuck" links in the chain. It has invested in Chitron North, Yitang Semiconductor, Dongfang Jingyuan, Qier Electromechanical, and Keyi Hongyuan, Guowang Optical, Del Technology, Bokang Information, Deyi Microelectronics, Horizon, Black Sesame Intelligence, Huajin Semiconductor, Yuexin Semiconductor, Jingwei Qili, Jingyi Equipment, Zhongke Zhixin, Changxin Storage, Ziguang Major projects such as Zhanrui, Vimicro Microelectronics, Hefei Xinyihua, Xinxiang Technology, Guangdong Geneng, Leuven Instruments, Shenghe Jingwei, Vimicro Microelectronics, Suiyuan Technology, Torrance, etc.
Zhang Chi believes that the Sino-US trade war has unleashed the urgent need for domestic development of integrated circuits. In any case, integrated circuits must develop, so before the market is hot, Xinding Capital has already completed the industry layout.
Regarding investment risks, Zhang Chi revealed that there is a famous saying in the investment circle: Don’t always try to avoid risks, but learn to control risks. High risks come from not understanding the company and the industry, and going beyond one's own circle of knowledge. At present, the primary and secondary markets are upside down and the secondary market window has become smaller, which will inevitably affect investors and entrepreneurs in the primary market. However, the core capabilities of institutions need to go through the cycle, wait for the flowers to bloom, and regain confidence.
Zhang Chi believes that the Sino-US trade war has unleashed the urgent need for domestic development of integrated circuits. In any case, integrated circuits must develop, so before the market is hot, Xinding Capital has already completed the industry layout.
Regarding investment risks, Zhang Chi revealed that there is a famous saying in the investment circle: Don’t always try to avoid risks, but learn to control risks. High risks come from not understanding the company and the industry, and going beyond one's own circle of knowledge. At present, the primary and secondary markets are upside down and the secondary market window has become smaller, which will inevitably affect investors and entrepreneurs in the primary market. However, the core capabilities of institutions need to go through the cycle, wait for the flowers to bloom, and regain confidence.
Now the Under Secretary of Commerce for Industry and Security Alan Estevez has come to the Netherlands with the specific task of pressuring the Dutch to stop ASML to servicing their machines in China. This will happen the Dutch won't be able to resist this pressure.
Now people here are convinced that Chinese ASML machines will be fine without servicing. I hope you guys are right.
Now people here are convinced that Chinese ASML machines will be fine without servicing. I hope you guys are right.
Stop gaslighting. Nobody ever said that. People said there are domestic firms that can perform maintenance on the machines.
Two years ago the US banned their own companies from servicing US made equipment, the big three, KLA, LAM and AMAT. These machines should already be, how Alan put it? "ossified" but for some reason there is no indication that this has stopped Chinese fabs from producing and some of these machines,especially KLA machines are as complicate to service as ASML DUV scanners. What gives?
1- It could be that China equipment industry already surpassed everyone expectation and their producing chips with ZERO US technology?
2-Chinese companies have become good at maintaining these equipment?
3-A combination of both?
Let see what happens. In the short term like in the next years i don't think would be a problem, these machines are not built to disintegrate in a few years so Chinese companies can and will learn to maintain it themselves. Chinese fabs have built a lot of lithography redundancy for both parts and entire machines replacement. And by the time these machine "ossify" China lithography industry and supply chain will be absolutely massive.
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I'm going to just say this for 1 time for rest of the week. If there are real reports of the Dutch not granting servicing, feel free to post it. Otherwise, there are more relevant stuff to talk about. Don't waste our time by filling this thread with pages of opinions and retorts on whether or not Dutch gov't will fold to US pressure. If you want to speculate, you can do it somewhere else
Overlap between precision machine tool industry and semi tool industry. Haozhi makes key components for machine tools and has recently started making grinding/thinning spindles for wafers.
Close collaboration between semi tool makers and machine tool makers in China. Naura uses this company’s ultrasonic machining tech to machine their hard/brittle components like glass and ceramic parts
It's almost like technological industries are built around interdisciplinary ecosystems.
So many questions - how is internal moisture managed with the vaporization of enough water to carry away MW level heat loads? how to manage corrosion? is this chip integrated, if so how is further packaging handled? etc etc.
I imagine they could use a coolant like solutions like ethylene glycol with corrosion inhibitors.