asmlAs globalLithography machineThe leader of the industry has been in for a long timeLithography machineIt has a monopoly position in production, sales and after-sales service, and regards the Chinese market as one of its largest markets. However, due toasmlChoose to participate in the US high on ChinaTechnologyThe war has caused it to encounter major difficulties in the Chinese market. According to data for the third quarter of 2023,asmlOnly 2 EUV orders were received, which is much lowerAnalystsExpected 9 orders. In addition, EUV orders that have been backlogged and have not yet been shipped are also facing the dilemma of customers requesting shipment delays.
asmlChina, the largest market, has made it difficult for China to buy the most advanced chips due to US sanctions, causing the worldSemiconductor industryof stagnation. asmlAsLithography machinemanufacturers, whose profits are mainly derived from high value-added EUVsLithography machineSales, which are now unable to export these high-end products to the Chinese market, are further exacerbatedasmlThe dilemma. In contrast, TSMC andSamsungAlthough also subject to sanctions, TSMC already has an EUVLithography machine, and the Chinese market has little demand for it, so it can barely be maintained, andSamsungSince it is both a chip manufacturer and a terminal business, it can reduce the losses caused by sanctions by selling end products domestically. In contrast,asmlIt is not possible to sell high-end products in the Chinese market, and the market has become low-endLithography machinesaturation, so its ceopeterwennink has maintained a conservative attitude towards the future and expects revenue in 2024 to be broadly flat with 2023, which can be seenasmlDeeply troubled and under pressure to survive.
InLithography machineIn terms of sales, the Chinese market has always beenasmlAccounts for the majority of sales. In the second quarter of 2022,asmlA total of 105 new units were soldLithography machine, where EUVLithography machineOnly 11 units were sold. Customers from Chinese mainland accounted for 46% of this sales, Taiwan accounted for 24% and South Korea accounted for 20%. This also means that the Chinese market is forasmlsales are crucial.
Not only that, the Chinese market is for the worldSemiconductor industryhas also had a huge impact. According to the research report of the survey agency, in the next 5 years, the chip demand in Chinese mainland will require nearly 40 or even more EUVsLithography machine。However, due to U.S. sanctions, it is difficult for China to purchase the most advanced chip manufacturing process, resulting in Chinese mainland'sSemiconductor industryBlocked. This has also exacerbated China's urgent need for independent research and development and production of chips, further promoting China's development in chipsIndustrial chainindependent innovation.
China inSemiconductor industryIndependent innovation and rise on the chain have attracted much attention. In the face of U.S. sanctions, China no longer relies on imported chips, but has broken the West's technological blockade through independent R&D and production. China is already chippingIndustrial chainA major breakthrough has been made in all aspects of the company, enabling China to independently develop and produce chips, realizing the development of the chip industryLocalizationDevelop.
At the same time, China has also made great progress in technological innovation and R&D investment. China has now become the world's largest patent filer, and its interests in artificial intelligence, 5G communications, etcInternet of Thingsand other fields have made remarkable achievements. These areas are all rightSemiconductorsThe industry has put forward higher requirements, which has promoted the accelerated development of China's chip technology innovation. It is no exaggeration to say that China's technological innovation strength is gradually rising, and it is expected to surpass Western countries in the future.
asmlThe dilemma is not only because Chinese companies such as Huawei have been sanctioned, but more importantly, China is doing itSemiconductorsAutonomous and controllable strategic goals. This makes the Chinese market no longer rely on imported chips, but accelerates the promotion of local R&D and production capacity. China's technological rise not only givesasmlhas brought huge market pressure, but also on its existingBusiness modeland strategy for a comprehensive rethink.
asmlAsLithography machineIndustry giants need to face the challenges brought about by market changes and technological innovation. It is in product research and developmentChain managementMarket positioningand so on. Especially when faced with the Chinese marketasmlIt is necessary to be more flexible and keen to seize the opportunity and actively adapt to the new trend of China's industrial development in order to maintain its dominant position in the fierce competition.
asmlAs globalLithography machineThe leading enterprises in the industry have enjoyed a large market share in the Chinese market for a long time. However, due to US sanctions against China and ChinaSemiconductorsThe rapid development of independent innovationasmlThe Chinese market has encountered huge difficulties. The Chinese market forasmlThe contribution of sales and profits is very important, and currently due to sanctions restrictionsasmlIt is not possible to combine the most advanced EUVsLithography machineExports to the Chinese market led to a significant decline in sales. At the same time, Chinese chipsIndustrial chainThe improvement of independent innovation capabilities is also threatenedasmlmarket position andBusiness model
Faced with this dilemma,asmlWe need to rethink and adjust our development strategies. First of all, it needs to find new market opportunities and growth points, such as the development of markets in other countries and the development of technological innovation. Secondly,asmlThere is a need to strengthen cooperation and partnerships with Chinese companies to better adapt to the needs and changes of the Chinese market. And most importantly,asmlIt needs to strengthen its own R&D and technological innovation capabilities, and launch more competitive products to resist pressure from China and other competitors.
in ChinaSemiconductor industryIn the context of vigorous development,asmlThere are huge challenges and pressures, but there are also huge opportunities. Only by adapting to market changes, strengthening innovation capabilities, and working closely with the Chinese marketasmlIn order to maintain a leading position in the competition and achieve sustainable development.