China's AMEC plans US$1.94B R&D push for 102 chip equipment models

Chinese semiconductor equipment maker AMEC plans to develop 102 new equipment models over the next three to five years, backed by nearly CNY13 billion (≈US$1.94 billion) in R&D investment. The company is targeting up to 60% of the high-end chip equipment market.

• R&D investment of about CNY13 billion (≈US$1.94 billion)
• Plan covers 102 new equipment models in 3–5 years
• Target is up to 60% of the high-end chip equipment market