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Naura overtakes SMIC in net profit as China's chip tool strategy delivers

Staff reporter, Taipei; Levi Li, DIGITIMES Asia Friday 9 May 2025 0

Credit: Naura Technology

Naura Technology Group, China's top semiconductor equipment supplier, reported a record net profit of CNY5.62 billion (US$776.5 million) in 2024, surpassing SMIC for the first time. The milestone underscores the financial upside of Beijing's intensified...

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