SMIC founder and AMEC CEO urge Chinese fabs to test domestic chipmaking tools on active production lines — equipment makers post record revenue but falling margins

SMIC founder Richard Chang and AMEC CEO Gerald Yin urged Chinese chip fabs to test domestic equipment on live production lines.

Chinese equipment makers posted strong 2025 revenue growth, but profit margins weakened as local price competition intensified.

The push highlights progress in China’s chip tool localization, while proving reliability in real fabs remains essential.

Lithography is still the biggest unresolved gap, keeping China dependent on foreign suppliers in a critical area.