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Search resuls for: "Naura Technology Group"


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☆ Biden fires a parting shot at China's chip industry ahead of Trump's second term
  + stars: | 2024-12-02 | by ( Riddhi Kanetkar | ) www.businessinsider.com   time to read: +3 min
The move aims to curb China's AI and defense tech growth, citing national security risks. Trump previously billed China as the main threat to the US AI industry. The US announced another round of export controls on China's semiconductor industry on Monday, multiple outlets reported, weeks ahead of Donald Trump's second term. Previous comments from Trump suggest he is aligned with the Biden administration when it comes to thwarting China's AI growth. In a June interview with social media personality Logan Paul, Trump billed China as the "main threat" to the US AI industry.
Persons: Trump, Donald Trump's, Gina Raimondo, Biden, Logan Paul, Mao Ning, US Department of Commerce didn't Organizations: US, Naura Technology Group, Semiconductor Manufacturing International Corporation, Huawei, Financial Times, New York Times, China, Reuters, People's Liberation Army, South China Morning Post, US Department of Commerce, Business Locations: China, Washington, Republic, Beijing, Trump . China
☆ Latest U.S. strike on China's chips hits semiconductor toolmakers, Reuters reports
  + stars: | 2024-12-02 | by ( ) www.cnbc.com   time to read: +4 min
A Chinese flag is displayed next to a "Made in China" sign seen on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. Florence Lo | ReutersThe U.S. will launch its third crackdown in three years on China's semiconductor industry on Monday, restricting exports to 140 companies including chip equipment maker Naura Technology Group , among other moves, according to two people familiar with the matter. Among Chinese companies facing new restrictions are nearly two dozen semiconductor companies, two investment companies and over 100 chipmaking tool makers, the sources said. However, it remains years behind chip industry leaders like Nvidia in AI chips and chip equipment maker ASML in the Netherlands. For the first time, the U.S. will add two companies that make investments in chips to the entity list.
Persons: Florence Lo, Beijing's, Biden, Donald Trump, Lam Organizations: Reuters, U.S, Naura Technology, SiCarrier Technology, Republican, Lam Research, ASM International, Swaysure Technology Co, Qingdao SiEn, Shenzhen Pensun Technology, China's Huawei Technologies, Semiconductor Manufacturing, Capital, Wingtech Technology, Companies Locations: China, U.S, Singapore, Malaysia, Qingdao, Shenzhen, Netherlands, Israel, Taiwan, South Korea, Japan
☆ China's chip equipment firms see revenue surge as Beijing seeks semiconductor self-reliance
  + stars: | 2023-09-28 | by ( Arjun Kharpal | ) www.cnbc.com   time to read: +2 min
Washington has sought to use export restrictions to cut off Beijing from key semiconductor equipment and technologies. China's domestic semiconductor industry has previously heavily relied on foreign companies for these tools, leaving Beijing's industry behind the likes of the U.S., South Korea and Taiwan. That has underpinned the boost in revenues for China's domestic chip equipment manufacturing firms. CINNO names Naura Technology Group Co. as the top Chinese semiconductor equipment maker by revenue. The second-largest Chinese domestic player is Advanced Micro-Fabrication Equipment Inc. China (AMEC), which makes machines required for the semiconductor manufacturing process.
Persons: Florence Lo, CINNO Organizations: Reuters Revenue, Semiconductors, U.S, Huawei, China's, Naura Technology, Inc . China Locations: China, Beijing, Shanghai, China . Washington, U.S, South Korea, Taiwan
☆ Sanctioned China stocks win sudden boost from patriotic buyers
  + stars: | 2023-05-26 | by ( Samuel Shen Tom Westbrook | Samuel Shen | Tom Westbrook | ) www.reuters.com   time to read: +5 min
As Japan and the United States place fresh curbs on Chinese technology firms, local investors are scooping up shares of those firms and state companies, and reaping handsome rewards. New fund launches will potentially channel money into China's technology and chipmaking leaders, including ZTE Corp (000063.SZ), Unisplendour Co (000938.SZ), Montage and Cambricon Technologies (688256.SS). Cutting-edge innovation requires huge and long-term investment, which is beyond the ability of private companies, "but SOEs can do it," Yang said. For example, China's chipmaking sector is now trading at 60 times earnings, compared with 16 for the broad market. But "China needs high valuation in some sectors ... Why don't you put down your wager, while also supporting the country's development?"
☆ Factbox: Chinese chipmaking equipment manufacturers filling void left by U.S. export restrictions
  + stars: | 2023-03-06 | by ( ) www.reuters.com   time to read: +5 min
Naura's most advanced etching machine supports 55 nm and 28 nm chipmaking technology, well behind the leading edge of chip manufacturing. The firm also makes deposition machines, which apply chemicals and gases to silicon wafers throughout the chipmaking process. It produces machines that can service the 14 nm to 28 nm process nodes of its deposition machines. ADVANCED MICRO-FABRICATION EQUIPMENT INC CHINA (AMEC) (688012.SS)AMEC makes etching equipment used to remove excess material from the surface of silicon wafers. BEIJING E-TOWN SEMICONDUCTOR TECHNOLOGY CO LTD (BEST)BEST produces degumming equipment used to remove photoresist chemicals during the lithography process.
☆ China's chip suppliers have some growing up to do
  + stars: | 2022-12-14 | by ( Robyn Mak | Thomson Reuters | Robyn Mak Joined Reuters Breakingviews In Previously | ) www.reuters.com   time to read: +4 min
A combination of targeted subsidies and local demand will help. China's dependence on foreign suppliers for lithography machines, used to print patterns onto silicon wafers, light-resistant wafer coatings known as photoresists and other vital tools cannot be understated. A 2021 report found that Chinese chipmakers buy less than a fifth of their equipment by value from local suppliers and that the country has localised less than 8% of annual equipment demand. China's equipment specialists, such as little-known firms NAURA Technology Group (002371.SZ) and Advanced Micro-Fabrication Equipment (688012.SS), are probably too small to effectively absorb massive amounts of government funding anyway. The majority of the funds will be used to subsidise the purchase of domestic semiconductor equipment by Chinese chipmakers.
☆ China tech shares sink as U.S. export curbs raise chip sector hurdles
  + stars: | 2022-10-10 | by ( ) www.reuters.com   time to read: +7 min
The most immediate impact is likely to be felt by Chinese chipmakers, they said. The new regulations will now pose major hurdles for the two Chinese memory chipmakers, analysts said. A steep decline in tech shares led China's market down on its first post-Golden Week holiday trading on Monday. An index measuring China's semiconductor firms (.CSIH30184) tumbled nearly 7%, and Shanghai's tech-focused board STAR Market (.STAR50) declined 4.5%. SMIC dropped 4%, chip equipment maker NAURA Technology Group Co (002371.SZ) sank 10% by the daily limit, and Hua Hong Semiconductor plunged 9.5%.
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