China will see the birth of some world-class semiconductor equipment suppliers in the next 5-10 years, according to David H Wang, chairman and CEO of ACM Research, a wafer cleaning equipment maker headquartered in Silicon Valley.
Wang recently made the comments when inaugurating the firm's Asia Pacific manufacturing center in Pudong New Area, Shanghai, China.
Wang said his company will aim to rank among the world's top-3 suppliers of wafer cleaning equipment in the future.
Wang disclosed that the firm's new manufacturing center covers a land area of 500,000 square meters, with annual production revenues estimated at US$250 million, which will expand to over US$350 million after including the revenues from its existing plant in Zhang Jiang High-Tech Park, also in Shanghai.
Wang said the global semiconductor sector is seeing changes where China is set to emerge as a new industry hub in the near future. He continued that the China market offers great sales potentials for wafer cleaning equipment, given the fab construction spree in the country.
TMR statistics showed that the global market for wafer cleaning equipment was estimated at some US$3 billion in 2017, and the scale is estimated to experience a CAGR of 6.8% during 2015-2020.
Dedicated to the R&D, production and sales of semiconductor cleaning equipment, Wang disclosed, ACM Research has pioneered the development of two cutting-edge technologies - SAPS (space alternated phase shift) and TEBO (timely energized bubble oscillation) megasonic cleaning processes, along with their special chamber and platform designs.
He stressed that to facilitate global sales of China-made semiconductor equipment, efforts must be enhanced to carry out global patent deployments.