2023-11-14 04:08:00
As the United States expands the list of sanctions once morest Chinese companies, local manufacturers have been looking for ways to protect themselves from future problems. Therefore, in an unprecedented move, the purchase of chip machines grew 93% in the last quarter.
According to Nikkei Asia, this movement shows that even those Chinese companies that are not targeted by sanctions are preparing “for the worst”. This movement has also caused sales of the Dutch ASML to grow substantially.
ASML, a leader in the sale of lithography equipment, saw its market share jump 46% in the last quarter in China. In other words, growth higher than the 14% in 2022.
Commenting on the matter, the head of operations at ASML guarantees that all equipment sold to China does not include capabilities vetoed by the United States. For him, they are only machines capable of assembling medium or mature chips.
Japanese companies have also benefited from this increase in “Chinese appetite” for chip machines. Thus, companies on the island saw demand jump 40% in the period analyzed, while American manufacturers grew 20%.
China is currently the largest consumer and largest market for semiconductor production equipment, representing 29% of global sales in the quarter from April to June.
This current Chinese effort also seeks to make the country independent of Western technologies. Therefore, in addition to purchasing machines from abroad, the Chinese have also developed local equipment.
However, the development time is long and this may be encouraging this upward movement in imports.
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