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TEXXR

Chronicles

The story behind the story

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Global Net: three Chinese firms ranked among the world's top 20 chipmaking equipment manufacturers in 2025, up from one in 2022, with Naura Tech rising to fifth

TOKYO — Three Chinese companies were among the world's top 20 manufacturers of chipmaking equipment last year, up from just one in 2022 …

Nikkei Asia Fumie Yaku

Context & Ripple Effects

Chinese chip-industry firms had already dominated a 2022 ranking of the fastest-growing sector companies, while China later imported a record volume of chipmaking equipment in 2024. The rise from one to three Chinese suppliers in the global top 20 puts a tangible equipment-vendor result alongside that investment cycle.

The ranking also precedes evidence that Japan's five largest equipment makers saw combined China sales fall for the first time, as local Chinese players expanded. Naura Tech's fifth-place position is therefore a marker of a changing supplier mix, not simply a domestic growth story.

First-order effects

  • Naura Tech gains a materially stronger global competitive signal as the fifth-ranked equipment manufacturer, while two additional Chinese firms enter the top-20 supplier set.
  • Chinese chipmakers and fabs have a broader group of nationally based equipment vendors to evaluate alongside established overseas suppliers.

Second-order effects

  • Japanese and other overseas equipment vendors face greater pressure to defend China revenue as local alternatives gain scale and credibility; the later reported decline in Japanese suppliers' China sales is consistent with that pressure.
  • China's large equipment-buying base can increasingly function as a proving ground for domestic toolmakers, potentially shifting more procurement, service and qualification work toward local suppliers.

Third-order effects

  • If Chinese suppliers sustain their rank gains, chip-equipment competition could become less concentrated among traditional foreign vendors and more segmented by regional supply chains.
  • The shift points to a longer transition from equipment import dependence toward domestic capability-building, although rankings alone do not establish that local tools can substitute across every manufacturing step or technology level.

The trend: China's semiconductor buildout is beginning to translate from heavy equipment demand into globally significant domestic equipment suppliers.