Beijing-based Naura was ranked sixth among global chipmaking equipment suppliers by revenue last year, up from eighth place in 2023 when it cracked the industry’s top-10 leaderboard for the first time, according to a report last week by Chinese semiconductor research firm CINNO.
The state-backed company, which is expected to post about a 40 per cent increase in 2024 sales, was the only Chinese firm among the world’s top-10 chipmaking equipment vendors, according to CINNO data. Dutch giant ASML Holding topped the table, followed by US companies Applied Materials and Lam Research.
The combined 2024 revenue of the top 10 global chipmaking equipment suppliers rose 10 per cent to about US$110 billion from a year earlier, the CINNO report showed.
Naura’s ascent reflects Beijing’s push for greater self-reliance in core technologies, including semiconductors, amid tightened trade restrictions imposed by Washington and heightened tensions between the world’s two largest economies.
Shenzhen-listed Naura’s shares closed slightly down at 442.80 yuan (US$61) on Wednesday.
