China breaks records for imports of chip manufacturing equipment

Sales of Western semiconductor manufacturers in China set a new record in the third quarter, reports the Telegram channel of the All-Russian public organization Russian-Asian Union of Industrialists and Entrepreneurs.

As noted, at one time, American restrictions on the supply of semiconductors and equipment for their production, as well as technologies, to China should have “buried” China – at least, this was said by both high-ranking US representatives and some experts.

The material says that such decisions by Washington hit not only China, but also the interests of business – both in the United States and in partner countries. At the same time, industry leaders were clearly not happy with the prospect of losing their largest and most solvent client. Bottom line: despite the restrictions, sales of Western semiconductor manufacturers in China in the third quarter set a new record, and 40% of their revenue came from China. Tokyo Electron Ltd, ASML, Applied Materials – all market leaders reported record sales.

There is also a new trend – closely monitoring which products fall under sanctions, manufacturers are adapting their products for the Chinese market. An example was shown by the American company Nvidia, which announced the release of at least three new processors for artificial intelligence (AI), specifically for the Chinese market, with slightly lowered characteristics.