In 2023,asmlNot only crazy shipments to the Chinese market, other United States and JapanSemiconductorsEquipment manufacturers have also joined in and actively introduced China's leading equipment. The story behind this case involves the time window before the ban was imposed, market demand and profit considerations. In this article, we will look at why these manufacturers are so aggressive in delivering equipment to the Chinese market and analyze the purchasing motivations of Chinese companies. At the same time, we also need to recognize that despite the significant increase in the number of imported equipment, China still needs to strengthen its independent R&D capabilities to achieve long-term sustainable development.
The window of time before the ban was imposed becameasmland other equipment manufacturers are in a hurry to ship to the Chinese market. Faced with the threat of a ban, Lei Pian first wanted to let the Chinese market digest the demand as soon as possible, but also hoped to earn as much market share as possible. For this reason, it is imperative to deliver equipment in a race against time. In addition, U.S. and Japanese equipment manufacturers are also well aware that once the ban takes effect, it will be restricted, and many high-end equipment will not be able to be exported to the Chinese market. Therefore, at this critical moment, selling equipment can take the profits into the pocket in time and avoid future market blockades.
ExceptasmlOther equipment manufacturers are also actively delivering products to the Chinese market. Taking Applied Materials in the United States as an example, in fiscal 2023, the Chinese mainland market accounted for 27% of revenue, and this proportion soared to 44% in the fourth quarter, more than twice that of the same period last year. Similarly, companies such as LamResearch and KLACORP have also shown strong growth from the Chinese market. Even the largest in JapanSemiconductorsEquipment supplier Tokyo Electron is no exception, and the amount of equipment delivered to the Chinese market in 2023 is also rising, with revenue from Chinese mainland accounting for 40%.
These equipment manufacturers andasmlSimilarly, the motivation for frenzied shipments to the Chinese market does not stop at the desire for profit. For the Chinese market, the purchase of equipment is also a strategic move to meet long-term demand as early as possible. ChineseSemiconductorsThe industry is developing rapidly, and a variety of equipment is required on the production line. Although China already has a certain independent research and development capabilities, in some irreplaceable equipment, foreign imported equipment is still indispensable.
The transaction between the two parties is also based on the principle of mutual benefit. Equipment manufacturers are willing to sell more equipment, and Chinese companies also want to buy more equipment, and both sides have their own considerations and strategies. Equipment manufacturers achieve a large market share by delivering more equipment, while Chinese companies also hope to purchase as early as possible to meet the demand for a longer period of time in the future and solve itChainstability issues. Despite domesticSemiconductorsSome important achievements have been made in the field of equipment, but we still need to realize that the task of making up classes is still huge, although imported equipment can meet the current demand, but in the long run, domestic substitution is still an inevitable trend.
At the same time as importing equipment in large quantities, ChinaSemiconductorsThe industry is also constantly striving to improve its independent research and development capabilities. Domestic equipment manufacturers are also developing and strengthening their own technical strength, and gradually filling some gaps in research and development fields. With the advancement of technology and the promotion of innovation, the quality and performance of domestic equipment have gradually improved.
However, we still face many problems and challenges. SemiconductorsThe equipment field requires a lot of money, talent and time for R&D and production, which is a difficult task. Compared with the technical reserves and market share of foreign equipment manufacturers, we still have a long way to go. Therefore, we should strengthen our independent research and development capabilities, reduce our dependence on imported equipment, and continue to promote our own technological progress and innovation while developing the market.
In 2023,asmland other U.S. and JapanSemiconductorsEquipment manufacturers are frantically delivering equipment to the Chinese market, stemming from the time window before the ban is enforced and the two-way demand transaction. Equipment makers want to make profits before the ban takes effect, while Chinese companies are aggressively buying equipment to meet long-term demand. However, we also need to recognize that the high demand for imported equipment does not mean that we can ignore our in-house research and development capabilities. Strengthening independent research and development is ChinaSemiconductorsThe only way for industrial development is to achieve long-term sustainable development only by improving its own strength.