China’s top chip tool maker Naura sees revenue surge amid US trade tensions
China’s largest chipmaking equipment supplier expects another 50 per cent jump in profits last quarter after its third year of growth
Naura Technology Group, China’s top chip equipment maker, said it expects a sharp rise in revenue and profit for the first quarter of 2025, after reporting strong performance in 2024, highlighting the country’s progress towards semiconductor self-sufficiency.
The Beijing-based company, a key equipment supplier for the domestic chip industry, said in a corporate filing on Tuesday that final figures for the first three months of 2025 could see revenue up by as much as 51 per cent year on year to 8.98 billion yuan (US$1.2 billion). Net profit is expected to rise as much as 53 per cent to 1.74 billion yuan.
It teased the quarterly numbers after reporting a 44.2 per cent surge in net profit in 2024 to 5.6 billion yuan. Revenue was up 35.1 per cent year on year to 29.8 billion yuan, marking the third consecutive year of growth for the Shenzhen-listed firm.
Naura attributed its strong performance to technological breakthroughs in new etching and deposition products, which helped boost revenue and market share.
The company’s growth comes as China intensifies efforts to reduce reliance on US technologies and chip tool providers such as California-based Lam Research and Applied Materials.
Naura recently climbed two spots in a global ranking of semiconductor equipment suppliers, coming in sixth by revenue for 2024, according to a report from Chinese research firm CINNO. It is the only Chinese company among the world’s top 10 chip tool vendors.