Three Chinese semiconductor equipment companies rank among the top 20 globally

In 2025, three Chinese companies ranked among the top 20 global semiconductor manufacturing equipment manufacturers—three times the figure for 2022. Some believe that China has increased the domestic localization rate of semiconductor equipment, which used to be a weakness, to 20%–30%. Although the United States restricts exports of equipment to China and China cannot develop and produce cutting-edge semiconductors, it has begun building an independent supply chain. Even though there is still a gap in technical strength, if this trend continues, it will pose a threat to Japan and the U.S.

Nikkei Asia (Chinese-language version: Nikkei Chinese Net) analyzed sales revenue of semiconductor-related equipment compiled by Japanese research firm GlobalNet, comparing 2022 and 2025 (forecast values) before the full launch of export controls on advanced semiconductor equipment to China.

Beijing North Huachuang Technology Group (NAURA) jumped to fifth place, closing in on four global leaders such as ASML Holdings of the Netherlands, Applied Materials of the United States, Lam Research of the United States, and Tokyo Electron. The company was founded in 2001 and is involved in a wide range of manufacturing equipment, including processes such as etching and film deposition for cutting circuits. In 2025, sales rose 21% year over year.

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