[News] AMEC Targets 60% High-End Market Coverage Within Five Years as China’s Chip Equipment Ambitions Grow
China’s semiconductor equipment ambitions continue to expand. According to The Paper, AMEC Chairman Gerald Yin recently said the company aims to cover at least 60% of the high-end semiconductor equipment market over the next five years, making it the world’s most comprehensive semiconductor equipment supplier.
To achieve that goal, AMEC plans to expand its portfolio to more than 100 types of high-end semiconductor equipment, including most plasma etching tools, thin-film deposition equipment, as well as processing tools. The company also aims to become a first-tier global semiconductor equipment company by 2035 in terms of scale, product competitiveness, and customer satisfaction.
Yin said AMEC has deployed more than 8,800 process chambers across production lines at over 170 customers worldwide. The company’s cumulative installed base has grown by more than 35% annually over the past 14 years. Revenue per employee has reached RMB 4.55 million (approximately US$650,000), he added.
Meanwhile, AMEC continues to maintain a high level of R&D investment. According to The Paper, the company spent RMB 3.74 billion on research and development last year, accounting for 30.2% of revenue, above the average R&D intensity of companies listed on Shanghai’s STAR Market.
The company has also been expanding its manufacturing footprint. As the report indicates, AMEC has established R&D and production bases in five locations across China with a combined floor area of 600,000 square meters this year. The company plans to expand that to 900,000 square meters within the next five years, with a planned annual production capacity valued at no less than RMB 70 billion.
Etching Portfolio Drives Growth and Market Expansion
As Mydrivers points out, AMEC’s ambitious growth targets are underpinned by its etching equipment portfolio. By the end of 2025, the company had shipped more than 6,800 process chambers worldwide, with its global market share continuing to rise steadily. AMEC’s portfolio includes two major categories of plasma etching systems—capacitively coupled plasma (CCP) and inductively coupled plasma (ICP)—covering more than 20 product segments. The systems have been widely adopted by leading domestic and international customers, supporting etching applications from 65nm to 3nm.
Mydrivers adds that AMEC’s latest annual report showed record financial results for 2025. Revenue reached RMB 12.385 billion, up 36.62% year over year, while net profit attributable to shareholders rose by RMB 496 million, or 30.69%, to approximately RMB 2.111 billion.
Meanwhile, on July 27, CXMT debuted on Shanghai’s STAR Market. According to 21jingji, the listing also quickly created ripple effects across the semiconductor equipment supply chain. The report notes that key equipment suppliers include Hwatsing Technology, AMEC, and Piotech. Notably, AMEC disclosed that its capacitively coupled plasma (CCP) etching systems have entered volume production across multiple key DRAM process steps at CXMT, while its next-generation high-aspect-ratio etching systems are currently undergoing production-line qualification.
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(Photo credit: AMEC)
