Reported about 8 hours ago
China's chipmaking equipment purchases are projected to decrease in 2025 after three years of growth, due to overcapacity and rising U.S. sanctions. While China accounted for 40% of global wafer fabrication equipment sales in 2024, spending is anticipated to fall to $38 billion this year, marking a 6% year-on-year decline and the first drop since 2021. Despite U.S. export controls, Chinese firms like SMIC and Huawei have made significant advancements in chip production, particularly in mature-node segments.
Source: YAHOO