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With good market development momentum and continuously optimized supply chain costs, China Micro has more opportunities to provide customers with cost-effective equipment. At the same time, in order to further expand production capacity, China and the United States will consider setting up production bases in other parts of Asia outside China.
Zhongwei chose to share the company's growth with friends in the industry during the SEMICONWEST gathering of semiconductor equipment technology experts in the world. Just recently, the Global Semiconductor Equipment and Materials Association, SEMI has just released the latest 2010 global chip makers will have more than 36 billion purchase forecasts. This number means an annual growth rate of 117%. This includes inputs for infrastructure and pre-plants. This will indicate that there will be a lively and memorable exhibition this year.
The rising trend of the industry has made the development of China and the United States in the Asian market. The company's growth has also benefited from its core etching technology and Asian semiconductor manufacturing companies' urgent need for equipment suppliers in the region. More importantly, this also fully proves that there is an urgent need in the industry for high-end equipment that can fully meet the technical and chip production requirements. For these industry leaders, it is critical to maintain a healthy profit margin in the process of moving to 22nm manufacturing by working closely with suppliers who understand the company's technology and interests. The technology and product planning of China Micro is very compatible with the development of the industry. Moreover, SMIC has spared no effort to promote technological advancement and production capacity in the high-end manufacturing field to provide customers with the most cost-effective solutions.
“Zhongwei has adopted a pragmatic and diversified technology and market strategy to meet the great development of the market,†said Dr. Yin Zhiwei, CEO of China Micro. “In the past two years, despite the challenging market environment and the global economic downturn, we have taken advantage of the trend and made one stage after another, including the successful completion of PrimoD-RIE in the Asian market. The layout and smooth completion of the fourth phase of the $46 million financing in March this year. Since its inception in 2004, the company has received $190 million in investment from mainstream venture capital firms. We cherish customers to us. The confidence of technology and this kind of valuable partnership formed in the process of continuously optimizing our products. China Micro will further promote the breadth and depth of equipment marketization to gain more market share."
Micro-Semiconductor Equipment Co., Ltd. (AMEC) recently announced in San Francisco that its share of the Asian market continues to grow. Since SEMICON launched its high-end dual-reaction platform in Japan in 2007, decoupling reactive ion etching equipment, China Micro's equipment has entered five advanced chip manufacturing companies in three regions of Asia, and has received multiple Repeat Orders. Micron's PrimoD-RIE(TM) etching machine is being used by customers for 65/45nm and higher end production, and new orders have been placed at the end of the year. Recently, Zhongwei's etching equipment has attracted more and more packaging customers who are looking for high-cost TSV applications with cost-effective etching technology due to its high productivity, reliability and cost advantages. China Micro is actively utilizing the advantages of technology in this area to develop close cooperation with Chinese packaging customers.