Chinese semiconductor industry


kaliko

Just Hatched
Registered Member

Some biddings:​

See the breakthroughs of domestic equipment manufacturers from the Q2 bidding data of mainstream fabs​


NAURA won a total of 80 equipments, Zhongwei Semiconductor won a total of 22 equipments, Xinyuan Microelectronics won a total of 24 equipments, Yitang Semiconductor won a total of 12 equipments, Tuojing Technology won a total of 11 equipments, and Zhongke Feixi won a total of 7 equipments. , Shanghai Microelectronics won a total of 6 bids, Huahai Qingke won a total of 8 bids; from the perspective of foreign equipment manufacturers, ASML won a total of 7 equipment, Fanlin Semiconductor won a total of 16 equipment, KLA won a total of 18 equipment, and Applied Materials won a total of 16 equipment. 21 sets of equipment were won, and Tokyo Electron won the bid for 87 sets of equipment.

The domestic substitution of equipment is at the right time. From the perspective of main links, domestic lithography, etching, thin film deposition and other multi-point blooms have breakthroughs at different levels.

In the lithography link , ASML won the bid for 5 lithography machines, occupying a leading position in the industry; Shanghai Microelectronics won the bid for 1 stepper lithography machine. It is understood that Shanghai Microelectronics SSX600 series step-and-scan projection lithography machine can meet the lithography process requirements of 90nm, 110nm, 280nm critical layers and non-critical layers in IC front-end manufacturing. In addition, in February this year, Shanghai Microelectronics successfully delivered the first 2.5D\3D advanced packaging lithography machine, which is of great significance to the domestic integrated circuit industry.

In the etching process , North Huachuang and China Microelectronics won the bid for 38 etching equipment in total, exceeding the total of 19 sets of Fanlin Semiconductor and Tokyo Electronics. North Huachuang won the bid for 16 etching equipment, including 13 Shanghai Jita, 1 Zhuzhou CRRC Times, 1 Peking University, and 1 Shanghai New Micro Semiconductor. North Huachuang ICP (Inductively Coupled Plasma) etching technology has obvious advantages, and its self-developed 14nm plasma silicon etching machine has successfully entered the mainstream project production line.

China Micro Semiconductor won the bid for 22 etching equipment, including 13 Hua Hong Semiconductor, 8 Shanghai Jita, and 1 Zhuzhou CRRC Times. China Micro Semiconductor CCP (capacitively coupled plasma) etching technology is excellent, covering 65 nanometers to 5 nanometers, and it is also progressing smoothly below 5 nanometers. In 2021, a total of 298 cavities of CCP etching equipment were produced and delivered, and the output increased by 40% year-on-year. %.

In the thin film deposition process , Topking Technology won the bid for 11 thin film deposition equipment, which is slightly lower than the total of 15 sets of Fanlin Semiconductor and Applied Materials. The main product series of Tuojing Technology are plasma enhanced chemical vapor deposition (PECVD) equipment, atomic layer deposition (ALD) equipment and sub-atmospheric pressure chemical vapor deposition (SACVD) equipment, which are widely used in domestic fabs for 14nm and above process integrated circuits Manufacturing production line, and has launched 10nm and below process product verification test.

At present, domestic fabs are entering a period of accelerated construction. Although the penetration rate of domestic equipment manufacturers is insufficient, they have begun to catch up with breakthroughs in lithography, etching, film deposition, glue development and other links. The orders of equipment manufacturers such as China Micro Semiconductor and Tuojing Technology have surged, and the progress has been obvious. (Proofreading/Ruobing)

Keep in mind the biddings are just a part of the total sales of semiconductor equipment and software.
Fanlin Semiconductor is Lam Research? Google was pretty empty. Is it a name of some JV?
 

FairAndUnbiased

Major
Registered Member

Some biddings:​

See the breakthroughs of domestic equipment manufacturers from the Q2 bidding data of mainstream fabs​


NAURA won a total of 80 equipments, Zhongwei Semiconductor won a total of 22 equipments, Xinyuan Microelectronics won a total of 24 equipments, Yitang Semiconductor won a total of 12 equipments, Tuojing Technology won a total of 11 equipments, and Zhongke Feixi won a total of 7 equipments. , Shanghai Microelectronics won a total of 6 bids, Huahai Qingke won a total of 8 bids; from the perspective of foreign equipment manufacturers, ASML won a total of 7 equipment, Fanlin Semiconductor won a total of 16 equipment, KLA won a total of 18 equipment, and Applied Materials won a total of 16 equipment. 21 sets of equipment were won, and Tokyo Electron won the bid for 87 sets of equipment.

The domestic substitution of equipment is at the right time. From the perspective of main links, domestic lithography, etching, thin film deposition and other multi-point blooms have breakthroughs at different levels.

In the lithography link , ASML won the bid for 5 lithography machines, occupying a leading position in the industry; Shanghai Microelectronics won the bid for 1 stepper lithography machine. It is understood that Shanghai Microelectronics SSX600 series step-and-scan projection lithography machine can meet the lithography process requirements of 90nm, 110nm, 280nm critical layers and non-critical layers in IC front-end manufacturing. In addition, in February this year, Shanghai Microelectronics successfully delivered the first 2.5D\3D advanced packaging lithography machine, which is of great significance to the domestic integrated circuit industry.

In the etching process , North Huachuang and China Microelectronics won the bid for 38 etching equipment in total, exceeding the total of 19 sets of Fanlin Semiconductor and Tokyo Electronics. North Huachuang won the bid for 16 etching equipment, including 13 Shanghai Jita, 1 Zhuzhou CRRC Times, 1 Peking University, and 1 Shanghai New Micro Semiconductor. North Huachuang ICP (Inductively Coupled Plasma) etching technology has obvious advantages, and its self-developed 14nm plasma silicon etching machine has successfully entered the mainstream project production line.

China Micro Semiconductor won the bid for 22 etching equipment, including 13 Hua Hong Semiconductor, 8 Shanghai Jita, and 1 Zhuzhou CRRC Times. China Micro Semiconductor CCP (capacitively coupled plasma) etching technology is excellent, covering 65 nanometers to 5 nanometers, and it is also progressing smoothly below 5 nanometers. In 2021, a total of 298 cavities of CCP etching equipment were produced and delivered, and the output increased by 40% year-on-year. %.

In the thin film deposition process , Topking Technology won the bid for 11 thin film deposition equipment, which is slightly lower than the total of 15 sets of Fanlin Semiconductor and Applied Materials. The main product series of Tuojing Technology are plasma enhanced chemical vapor deposition (PECVD) equipment, atomic layer deposition (ALD) equipment and sub-atmospheric pressure chemical vapor deposition (SACVD) equipment, which are widely used in domestic fabs for 14nm and above process integrated circuits Manufacturing production line, and has launched 10nm and below process product verification test.

At present, domestic fabs are entering a period of accelerated construction. Although the penetration rate of domestic equipment manufacturers is insufficient, they have begun to catch up with breakthroughs in lithography, etching, film deposition, glue development and other links. The orders of equipment manufacturers such as China Micro Semiconductor and Tuojing Technology have surged, and the progress has been obvious. (Proofreading/Ruobing)

Keep in mind the biddings are just a part of the total sales of semiconductor equipment and software.
Tuojing is a little hard to find:

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ansy1968

Brigadier
Registered Member
The beginning of a glut and the end of a semiconductor boom? will it affect China IC or with Geopolitical tension may help spur China self sufficiency as the Chinese may retaliate or limits importation to sustain its import substitution program.

Micron's Earnings Reveal Dismal Outlook for Semiconductor Market​


Margaret Moran
Fri, July 1, 2022 at 7:17 AM·4 min read


90a72cadefb37c56affd14f794629bba

In this article:

Micron Technology Inc. (NASDAQ:MU) released earnings results for its third quarter of fiscal 2022 on Thursday after the market closed. Investors have been looking forward to the report because Microns May-ending quarter provides an extra month of data about the semiconductor market, which is experiencing a period of volatility.
We last got an update on the market from Nvidia (NVDA) for its April-ending quarter, which revealed negative effects from the Covid-related factory shutdowns in China as well as the war in Ukraine. In addition to these macro factors, analysts have also been noting signs that semiconductors were overbought in 2021 as companies sought to hoard them amid the fear of shortages.


On the positive side, Micron beat analysts estimates on both its top and bottom lines for the quarter. However, its outlook has investors concerned that near-term pain could be in the cards, not just for Micron but for the semiconductor industry as a whole.

The numbers
Analysts polled by FactSet had called for Micron to deliver adjusted earnings per share of $2.43 on revenue of $8.64 billion for the quarter. Micron surprised to the upside with adjusted earnings per share of $2.59 and revenue of $8.64 billion.
These numbers also compared favorably to earnings per share of just $1.88 and revenue of $7.42 billion in the year-ago quarter.
Operating cash flow was $3.84 billion versus $3.63 billion for the prior quarter and $3.56 billion for the same quarter of fiscal 2021.
The gross margin was 46.7% and the operating margin was 36.4%, both of which marked improvements of approximately 5% compared to a year ago.
Worrying outlook
Despite the positive news for the quarter ending in May, Microns outlook for its next quarter was lower than analysts were expecting. The stock initially dipped in after-hours trading, though it soon recovered to near closing levels.
For its fourth quarter of fiscal 2022, Micron calls for revenue of $7.2 billion, plus or minus $400 million. Even at the top end of this estimate, it falls far below the $9.05 billion that analysts had been hoping to see, and it would mark a year-over-year decline from the companys revenue of $8.2 billion in the fourth quarter of fiscal 2021.
The company anticipates adjusted earnings per share of $1.63, plus or minus 20 cents. Analysts surveyed by Yahoo Finance have an average estimate of $2.62 for adjusted earnings per share, and the figure for the corresponding quarter of fiscal 2021 was $2.39.
Micron noted in its earnings presentation that near the end of the fiscal third quarter, it saw a significant reduction in near-term industry bit demand, mostly from weakness in consumer markets, including PC and smartphone.
President and CEO Sanjay Mehrotra noted weakening demand in the short term, but remained confident in long-term demand:
Recently, the industry demand environment has weakened, and we are taking action to moderate our supply growth in fiscal 2023. We are confident about the long-term secular demand for memory and storage and are well positioned to deliver strong cross-cycle financial performance.

What this means for the industry
Micron is facing double headwinds from the consumer demand side as well as the inventory side, both of which the chipmaker expects to negatively impact its fiscal fourth-quarter results.
This reflects analysts growing worries that, in addition to the war in Ukraine extending supply chain issues that were previously hoped to be resolved with the winding down of Chinas Covid-19 protection policies, the semiconductor industry will also face pain from companies rushing to overstock on fears of shortages, much like a tech industry equivalent of the great toilet paper rush at the beginning of the pandemic. Now that they have excess, demand from customers can be expected to decrease in the coming months.
Another factor to consider is venture capital flows to tech startups are dwindling due to high inflation, rising interest rates and fears of recession. Many job seekers in the tech industry are reporting their jobs are being cut either soon after they start or before they even begin work due to funding being pulled. This implies demand reduction from the enterprise side.
Overall, though, Micron seems most concerned about the weakening of consumer purchasing power, as it honed in on this subject in its earnings presentation.

These are unlikely to be issues that are unique to Micron, so investors can likely expect the industry downturn to continue for some months before beginning to recover.

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9 hours ago — Yahoo Finance Live's Seana Smith takes a look at Micron's stock following a slump in Q4 revenue guidance.
 

FairAndUnbiased

Major
Registered Member
The beginning of a glut and the end of a semiconductor boom? will it affect China IC or with Geopolitical tension may help spur China self sufficiency as the Chinese may retaliate or limits importation to sustain its import substitution program.

Micron's Earnings Reveal Dismal Outlook for Semiconductor Market​


Margaret Moran
Fri, July 1, 2022 at 7:17 AM·4 min read


90a72cadefb37c56affd14f794629bba

In this article:

Micron Technology Inc. (NASDAQ:MU) released earnings results for its third quarter of fiscal 2022 on Thursday after the market closed. Investors have been looking forward to the report because Microns May-ending quarter provides an extra month of data about the semiconductor market, which is experiencing a period of volatility.
We last got an update on the market from Nvidia (NVDA) for its April-ending quarter, which revealed negative effects from the Covid-related factory shutdowns in China as well as the war in Ukraine. In addition to these macro factors, analysts have also been noting signs that semiconductors were overbought in 2021 as companies sought to hoard them amid the fear of shortages.


On the positive side, Micron beat analysts estimates on both its top and bottom lines for the quarter. However, its outlook has investors concerned that near-term pain could be in the cards, not just for Micron but for the semiconductor industry as a whole.

The numbers
Analysts polled by FactSet had called for Micron to deliver adjusted earnings per share of $2.43 on revenue of $8.64 billion for the quarter. Micron surprised to the upside with adjusted earnings per share of $2.59 and revenue of $8.64 billion.
These numbers also compared favorably to earnings per share of just $1.88 and revenue of $7.42 billion in the year-ago quarter.
Operating cash flow was $3.84 billion versus $3.63 billion for the prior quarter and $3.56 billion for the same quarter of fiscal 2021.
The gross margin was 46.7% and the operating margin was 36.4%, both of which marked improvements of approximately 5% compared to a year ago.
Worrying outlook
Despite the positive news for the quarter ending in May, Microns outlook for its next quarter was lower than analysts were expecting. The stock initially dipped in after-hours trading, though it soon recovered to near closing levels.
For its fourth quarter of fiscal 2022, Micron calls for revenue of $7.2 billion, plus or minus $400 million. Even at the top end of this estimate, it falls far below the $9.05 billion that analysts had been hoping to see, and it would mark a year-over-year decline from the companys revenue of $8.2 billion in the fourth quarter of fiscal 2021.
The company anticipates adjusted earnings per share of $1.63, plus or minus 20 cents. Analysts surveyed by Yahoo Finance have an average estimate of $2.62 for adjusted earnings per share, and the figure for the corresponding quarter of fiscal 2021 was $2.39.
Micron noted in its earnings presentation that near the end of the fiscal third quarter, it saw a significant reduction in near-term industry bit demand, mostly from weakness in consumer markets, including PC and smartphone.
President and CEO Sanjay Mehrotra noted weakening demand in the short term, but remained confident in long-term demand:


What this means for the industry
Micron is facing double headwinds from the consumer demand side as well as the inventory side, both of which the chipmaker expects to negatively impact its fiscal fourth-quarter results.
This reflects analysts growing worries that, in addition to the war in Ukraine extending supply chain issues that were previously hoped to be resolved with the winding down of Chinas Covid-19 protection policies, the semiconductor industry will also face pain from companies rushing to overstock on fears of shortages, much like a tech industry equivalent of the great toilet paper rush at the beginning of the pandemic. Now that they have excess, demand from customers can be expected to decrease in the coming months.
Another factor to consider is venture capital flows to tech startups are dwindling due to high inflation, rising interest rates and fears of recession. Many job seekers in the tech industry are reporting their jobs are being cut either soon after they start or before they even begin work due to funding being pulled. This implies demand reduction from the enterprise side.
Overall, though, Micron seems most concerned about the weakening of consumer purchasing power, as it honed in on this subject in its earnings presentation.

These are unlikely to be issues that are unique to Micron, so investors can likely expect the industry downturn to continue for some months before beginning to recover.

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9 hours ago — Yahoo Finance Live's Seana Smith takes a look at Micron's stock following a slump in Q4 revenue guidance.
Micron's 3D NAND sector may find it very difficult to recover.

I don't see their technical advantage vs. YMTC. End user performance metrics are similar based on this teardown analysis.

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DeviceYMTC 128L XtackingSamsung 128L V-NANDMicron 128L CuA CTFSK hynix 128L 4D PUC
Parent Product (Example)Asgard PCIe4.0 NVMe1.4
AN4 1TB SSD
Samsung EVO 870 1TBMicron Crucial BX500
2.5 SSD 480GB
SK hynix Gold P31
SSD 1TB
Package MarkingsYMN09TC1B1H6CK9DVGY8J5B-DCK0OYD2D NW987H25T2TB88E
Die MarkingsCDT1BK9AHGD8J0BB37RH25TFB0
MLC OperationTLCTLCTLCTLC
ArchitectureXtackingV-NANDCTF CuA4D PUC
Number of Dice/Device41628
Memory (/die)512 Gb512 Gb512 Gb512 Gb
Die Size60.42 mm274.09 mm266.02 mm263.00 mm2
Memory Density8.48 mm26.91 mm27.76 mm28.13 mm2

As you see, YMTC 128 is the densest (512 GB per die, but smallest die). If prices are even comparable (they won't be, China always does it cheaper) then YMTC's product is superior to Micron.
 

european_guy

Junior Member
Registered Member

Some biddings:​

See the breakthroughs of domestic equipment manufacturers from the Q2 bidding data of mainstream fabs​


NAURA won a total of 80 equipments, Zhongwei Semiconductor won a total of 22 equipments, Xinyuan Microelectronics won a total of 24 equipments, Yitang Semiconductor won a total of 12 equipments, Tuojing Technology won a total of 11 equipments, and Zhongke Feixi won a total of 7 equipments. , Shanghai Microelectronics won a total of 6 bids, Huahai Qingke won a total of 8 bids; from the perspective of foreign equipment manufacturers, ASML won a total of 7 equipment, Fanlin Semiconductor won a total of 16 equipment, KLA won a total of 18 equipment, and Applied Materials won a total of 16 equipment. 21 sets of equipment were won, and Tokyo Electron won the bid for 87 sets of equipment.

The domestic substitution of equipment is at the right time. From the perspective of main links, domestic lithography, etching, thin film deposition and other multi-point blooms have breakthroughs at different levels.

In the lithography link , ASML won the bid for 5 lithography machines, occupying a leading position in the industry; Shanghai Microelectronics won the bid for 1 stepper lithography machine. It is understood that Shanghai Microelectronics SSX600 series step-and-scan projection lithography machine can meet the lithography process requirements of 90nm, 110nm, 280nm critical layers and non-critical layers in IC front-end manufacturing. In addition, in February this year, Shanghai Microelectronics successfully delivered the first 2.5D\3D advanced packaging lithography machine, which is of great significance to the domestic integrated circuit industry.

In the etching process , North Huachuang and China Microelectronics won the bid for 38 etching equipment in total, exceeding the total of 19 sets of Fanlin Semiconductor and Tokyo Electronics. North Huachuang won the bid for 16 etching equipment, including 13 Shanghai Jita, 1 Zhuzhou CRRC Times, 1 Peking University, and 1 Shanghai New Micro Semiconductor. North Huachuang ICP (Inductively Coupled Plasma) etching technology has obvious advantages, and its self-developed 14nm plasma silicon etching machine has successfully entered the mainstream project production line.

China Micro Semiconductor won the bid for 22 etching equipment, including 13 Hua Hong Semiconductor, 8 Shanghai Jita, and 1 Zhuzhou CRRC Times. China Micro Semiconductor CCP (capacitively coupled plasma) etching technology is excellent, covering 65 nanometers to 5 nanometers, and it is also progressing smoothly below 5 nanometers. In 2021, a total of 298 cavities of CCP etching equipment were produced and delivered, and the output increased by 40% year-on-year. %.

In the thin film deposition process , Topking Technology won the bid for 11 thin film deposition equipment, which is slightly lower than the total of 15 sets of Fanlin Semiconductor and Applied Materials. The main product series of Tuojing Technology are plasma enhanced chemical vapor deposition (PECVD) equipment, atomic layer deposition (ALD) equipment and sub-atmospheric pressure chemical vapor deposition (SACVD) equipment, which are widely used in domestic fabs for 14nm and above process integrated circuits Manufacturing production line, and has launched 10nm and below process product verification test.

At present, domestic fabs are entering a period of accelerated construction. Although the penetration rate of domestic equipment manufacturers is insufficient, they have begun to catch up with breakthroughs in lithography, etching, film deposition, glue development and other links. The orders of equipment manufacturers such as China Micro Semiconductor and Tuojing Technology have surged, and the progress has been obvious. (Proofreading/Ruobing)

Keep in mind the biddings are just a part of the total sales of semiconductor equipment and software.

Thanks for this update. Very important. It gives a glimpse on the actual reality on the field.

Do you have some info about this Zhongke Feixi company? It's the first time I hear about them. I heard about Beijing Shuoke Zhongkexin, I don't know if it is the same company.
 

tokenanalyst

Senior Member
Registered Member
Thanks for this update. Very important. It gives a glimpse on the actual reality on the field.

Do you have some info about this
Thanks for this update. Very important. It gives a glimpse on the actual reality on the field.

Do you have some info about this Zhongke Feixi company? It's the first time I hear about them. I heard about Beijing Shuoke Zhongkexin, I don't know if it is the same company.

company? It's the first time I hear about them. I heard about Beijing Shuoke Zhongkexin, I don't know if it is the same company.
I think is the Chinese name of Skyverse Limited a testing equipment company from Shenzhen founded by CAS.

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tokenanalyst

Senior Member
Registered Member
Join forces with "Core" to create brilliance together - Shenyang Xinyuan KrF glue developing machine settled in Silan Jike and the two parties reached a strategic partnership

On June 10, 2022, Shenyang Xinyuan 12-inch KrF coating and developing equipment successfully settled in Xiamen Silan Jike. As the first domestic high-capacity KrF coating and developing machine introduced by Silan Jike, Shenyang Xinyuan products have been highly valued and fully recognized by customers. Representatives, Zong Runfu, Chairman and President of Shenyang Xinyuan Company, Cheng Hu, Design Director of Qiandao, Wang Xingyuan, Marketing Director, and on-site service representatives attended the move-in ceremony.
20220629151414_86415.jpg

The smooth delivery of Shenyang Xinyuan's 12-inch high-capacity KrF coating and developing mass production machine will provide Silan Jike with more high-end lithography process solutions and services, and stabilize Silan Jike's follow-up high-end products Mass production and production line upgrades and expansions provide a more secure supply chain guarantee. At the same time, as the leader of the 12-inch wafer special process production line in mainland China, Silan Jike also provides an excellent platform and opportunity for the localization of high-end integrated circuit equipment.
20220629151437_45700.jpg

After the completion of the move-in ceremony, the two parties conducted in-depth and friendly business exchanges, and Shenyang Xinyuan and Silan Jike signed a strategic cooperation agreement. The achievement of this strategic cooperation is not only an affirmation of the successful cooperation between the two parties in the past, but also an infinite expectation for in-depth cooperation in the future.

Xinyuan Microelectronics I think is KingSemi.
 

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