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.
