China Becomes Japan's Largest Market For Chip Manufacturing Equipment
Jun 28, 2024
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- According to recent reports, China has been the largest export destination for Japanese chip manufacturing equipment for three consecutive quarters, accounting for over 50% of Japan's exports in this sector.
- Japan's exports of components and equipment for producing semiconductors and flat panel displays to China reached 521.2 billion yen in the first quarter of this year, an 82% year-over-year rise and the highest level since 2007.
- Data from China's General Administration of Customs shows that from January to April 2024, the amount of semiconductor manufacturing equipment imported from Japan continued to grow, with year-on-year increases of 53.06%, 7.45%, 56.82%, and 42.19%, respectively.
- Analysts attribute this surge to the need to replace production lines due to US-China trade tensions and the rising demand for automotive electronic components and third-generation semiconductor products driven by the new energy vehicle (NEV) sector.
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Major Japanese companies producing semiconductor manufacturing equipment include Nikon and Canon, both of which hold significant positions in the global lithography machine market.
- In the era of rapid growth in China's new energy vehicle industry, the demand for 28nm process chips is also increasing rapidly. This also indirectly increases the phenomenon of Japan exporting semiconductor manufacturing equipment to China.
- Furthermore, according to the International Semiconductor Equipment and Materials Association (SEMI), sales of semiconductor equipment decreased by 2% globally in the first quarter of 2024, but increased by 113% to.52 billion in the Chinese market, which kept its lead as the world's largest market for chip equipment for four quarters.
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XRS Company boasts a large inventory of integrated circuits and passive components from top Japanese brands, including the highly popular Murata products. For any inquiries or needs, please feel free to contact us. We are dedicated to providing comprehensive support to meet your requirements.
