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China Pledges to Address ‘Irrational Competition' in EV Sector

China Pledges to Address ‘Irrational Competition' in EV Sector

Bloomberga day ago
China pledged to rein in 'irrational competition' in its electric vehicle industry, a sign policymakers are concerned about price wars threatening economic growth.
The vow came in a State Council meeting Wednesday that was chaired by Premier Li Qiang, according to China Central Television. The gathering of what is essentially China's cabinet added that authorities would also effectively regulate market order in the sector.
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Atomic Layer Deposition Market to Hit Valuation of US$ 9.59 Billion By 2033
Atomic Layer Deposition Market to Hit Valuation of US$ 9.59 Billion By 2033

Yahoo

time5 minutes ago

  • Yahoo

Atomic Layer Deposition Market to Hit Valuation of US$ 9.59 Billion By 2033

The atomic layer deposition market holds immense potential, fueled by demand far beyond semiconductors into EVs, quantum computing, and flexible electronics. Its critical role in enabling next-generation technology through atomic-scale precision ensures sustained, high-value growth. Chicago, July 17, 2025 (GLOBE NEWSWIRE) -- The global atomic layer deposition market was valued at US$ 3.81 billion in 2024 and is expected to reach US$ 9.59 billion by 2033 at a CAGR of 10.8% during the forecast period 2025–2033. To keep pace with voracious demand, atomic layer deposition (ALD) equipment manufacturers are aggressively scaling up their production capabilities. The focus is on increasing throughput and efficiency to support high-volume manufacturing. Forge Nano's TEPHRA ALD cluster tool, for example, is designed to coat single wafers at a rate 10 times faster than conventional systems, with its new cleanroom enabling the simultaneous manufacture of multiple commercial units. Lam Research's ALTUS® Halo is likewise engineered for the high-volume production of advanced semiconductors, and ACM Research's newly qualified Ultra Fn PEALD furnace is poised for the 300mm high-volume manufacturing market, highlighting an industry-wide push for scale. Preview the Report – Download Free Sample Pages Now: This production ramp-up is a direct response to monumental shifts in the end-market. China's ambitious goal to increase its domestic chip manufacturing to 70% by 2025 is a massive driver for ALD production demand. In the U.S., over 500 new ALD systems are projected to come online in semiconductor fabs in 2024 alone. The start of construction on TSMC's 2nm fab in March 2025, which relies heavily on ALD for its gate-all-around (GAA) transistors, further cements this need. Beyond semiconductors, India's push to reach 170 GW of renewable energy capacity by 2025 will boost demand for ALD in solar cell manufacturing, all supported by the backdrop of growing global semiconductor industry sales. Key Findings in Atomic Layer Deposition Market Market Forecast (2033) US$ 9.59 billion CAGR 10.8% Largest Region (2024) Asia Pacific (41.80%) By Product Type Aluminum Oxide (33.0%) By Application Semiconductors (41.46%) Top Drivers Increasing demand for miniaturized, high-performance semiconductor devices. Expansion into new markets like solar, medical, and batteries. Need for precise, conformal coatings for advanced electronic components. Top Trends Rising adoption of Plasma-Enhanced ALD (PEALD) for sensitive substrates. Development of high-throughput spatial ALD for industrial-scale production. Integration of AI and machine learning for process optimization Top Challenges Slow deposition rates compared to other conventional deposition techniques Material compatibility and integration issues across different substrates Titans Clash: Innovation and Expansion Redefine the Atomic Layer Deposition Market The competitive landscape of the atomic layer deposition market is a dynamic arena where established giants and agile innovators are locked in a race for technological supremacy and market share. Strategic positioning is paramount, with companies launching advanced tools to capture emerging opportunities. For instance, Lam Research rolled out its ALTUS® Halo in February 2025, the industry's first ALD tool for molybdenum deposition, directly targeting improved chip performance. Similarly, Hanwha Precision Machinery announced its I2FIT-Mo thermal ALD system in May 2024 for the same application. This focus on next-generation materials is a clear trend, with major players like Applied Materials and Lam Research concentrating on developing ALD technology for advanced chip manufacturing, a move underscored by Applied Materials' 2022 acquisition of Picosun Oy. This intense competition is further fueled by specialized advancements. Forge Nano completed a new 2,000-square-foot cleanroom in January 2025 to produce its TEPHRA™ ALD cluster tools for the 200mm semiconductor market, promising higher throughput. Meanwhile, Dutch manufacturer Kalpana Systems introduced spatial ALD (sALD) tools in August 2024 for roll-to-roll manufacturing, targeting the solar and battery industries. ACM Research Inc. also made strides, qualifying its Ultra Fn PEALD furnace tool for high-volume 300mm manufacturing in December 2024. This flurry of activity is reflected in optimistic growth forecasts, such as Skytech Inc.'s projection of over 20% revenue growth in 2025, driven by the insatiable demand for these cutting-edge ALD solutions. Samco's launch of the AD-800LP PEALD system for power devices further illustrates the market's diversification. Capital Influx: Billions in Funding Propel the Atomic Layer Deposition Market Forward A torrent of investment is energizing the ALD sector, enabling crucial research and development and the expansion of production facilities. Venture capital and strategic corporate funding are flowing towards promising technologies, exemplified by Copenhagen-based ATLANT 3D's successful US$ 15 million SeriesA+ funding round in March 2025, aimed at advancing its direct atomic layer processing technology. Smaller, strategic investments are also proving vital; AdisynLtd. Provided a US$ 15 million Series A+ funding round in March 2025. Government initiatives and large-scale corporate spending are also providing significant tailwinds to the atomic layer deposition market growth. The European Chips Act has mobilized EUR 43 billion, with EUR 3.7 billion dedicated to five pilot lines that heavily utilize ALD. In the U.S., a February 2025 grant of USD 23.25 million to Silicon Laboratories, Inc. by the Texas government is set to boost regional ALD demand. This is complemented by an expected 12% growth in R&D budgets for U.S. semiconductor companies in 2024. Major players are also investing heavily in their own infrastructure, as seen with Forge Nano's cleanroom investment, Lam Research's R&D for the ALTUS® Halo, Tokyo Electron's new development facility, and SkyWater Technology's launch of a new Applied Picosun Morpher ALD tool. Global Circuits: Navigating the Complex Import-Export Dynamics of the ALD Market The global trade in ALD technology is a complex web dominated by the Asia-Pacific region, home to semiconductor behemoths in Taiwan, South Korea, Japan, and China. This region in the atomic layer deposition market stands as the largest importer and user of ALD equipment. However, policy-driven shifts are altering these trade flows. The U.S. CHIPS and Science Act is spurring the construction of new fabs by companies like Intel and GlobalFoundries, leading to a surge in imports of advanced ALD tools to North America. Conversely, the European Chips Act aims to bolster the EU's domestic semiconductor ecosystem, which will likely increase local production and recalibrate the continent's import-export balance over time. This intricate atomic layer deposition market relies on a globalized supply chain, with key equipment exporters like Taiwan's Skytech Inc. and Finland's Beneq shipping their machinery worldwide. The flow of essential precursors and raw materials is equally global, creating a network that is both efficient and vulnerable. The U.S., China, Japan, Canada, and Germany are key trading nations within this ecosystem. However, potential disruptions from global tariff negotiations and trade disputes remain a significant concern. The COVID-19 pandemic served as a stark reminder of the logistical complexities and vulnerabilities inherent in transporting and managing a global supply chain for such highly specialized technology, emphasizing the need for robust logistical planning. The Innovation Crucible: Pioneering Technologies Transforming the Atomic Layer Deposition Market Innovation is the lifeblood of the atomic layer deposition market, with 2024-2025 witnessing the emergence of transformative technologies that redefine the boundaries of precision manufacturing. A major breakthrough is the introduction of new materials, such as Lam Research's ALTUS® Halo, which pioneers molybdenum ALD for lower resistivity interconnects. Another game-changer is the rise of high-throughput techniques like Kalpana Systems' spatial ALD (sALD) tools, which enable rapid roll-to-roll deposition for flexible electronics and solar cells. Furthermore, ATLANT 3D's direct atomic layer processing (DALP®) technology represents a paradigm shift, allowing for the direct, atom-by-atom fabrication of materials and reducing process complexity. The evolution of deposition processes is also critical. Plasma-Enhanced ALD (PEALD) systems, like Samco's AD-800LP, are being developed for next-generation power devices that use wide-bandgap materials like SiC and GaN. The complementary technology of Atomic Layer Etching (ALE) is also crucial for achieving the atomic-scale precision required in advanced chip fabrication. Breakthroughs are not limited to hardware; ongoing research into novel precursor materials is expanding the library of films that can be deposited, while the integration of AI and machine learning promises to optimize processes and improve yields. Even quantum computing is benefiting, with ALD proving superior for creating the highly conformal superconducting thin films essential for quantum devices. From Quantum Computing to EV Batteries: ALD's Expanding Application Universe While atomic layer deposition market's foundation was built in the semiconductor industry—where it remains indispensable for creating FinFETs, DRAM, and 3D NAND memory—its applications have exploded into a diverse array of high-growth sectors. The automotive industry is a prime example, with ALD being used to coat electrodes and separators in electric vehicle batteries, significantly improving their efficiency, safety, and operational lifespan. In the energy sector, the technology is used to apply ultra-thin functional layers that enhance the efficiency and durability of next-generation thin-film solar cells. Similarly, ALD is used to deposit critical layers in fuel cells to improve performance and prevent corrosion. This diversification continues into other cutting-edge fields. The unique ability of ALD to deposit perfectly uniform, pinhole-free films on flexible substrates makes it a critical enabling technology for flexible electronics and advanced OLED displays. In the medical field, the biocompatible and highly conformal nature of ALD coatings makes them ideal for improving medical implants and diagnostic devices. The technology is also proving essential for fabricating the next generation of high-sensitivity sensors, including biosensors and gas sensors. Perhaps most futuristically, ALD's precision is being harnessed to create the highly uniform superconducting thin films required for fabricating the delicate components at the heart of quantum computers. The Economics of Atoms: Navigating Cost and Value in the ALD Market The pricing dynamics of the atomic layer deposition market are complex, primarily characterized by the high initial capital expenditure for ALD equipment. This high cost of entry can be a significant barrier for smaller companies or research institutions looking to adopt the technology. Consequently, the industry is intensely focused on reducing the total cost of ownership, a metric that extends beyond the initial purchase price to include materials, energy consumption, maintenance, and support contracts. The ultimate goal for end-users is a lower cost-per-wafer, which drives a constant push for greater efficiency and throughput from equipment vendors. Several factors are influencing pricing trends. Growing competition among a widening field of ALD equipment manufacturers is expected to exert downward pressure on prices over time. Furthermore, the introduction of higher-throughput technologies, such as spatial ALD, could fundamentally alter the cost equation, potentially leading to a lower long-term cost of ownership. The price of precursor materials remains a significant and variable component of the overall process cost. While customized ALD systems for niche applications command premium prices, some suppliers are making the technology more accessible by offering financing and leasing options, thereby broadening the potential market. Speak with a Subject Matter Expert Before You Decide: Architects of the Atomic Age: Profiling the Leaders of the Market The atomic layer deposition market is led by a dynamic mix of large, diversified semiconductor equipment manufacturers and smaller, highly specialized technology firms. Industry giants like Applied Materials, Inc., Lam Research Corporation, ASM International N.V., and Tokyo Electron Limited command significant market share, leveraging their extensive R&D capabilities and global service networks. Applied Materials further strengthened its position with the strategic acquisition of ALD specialist Picosun Oy, now operating as part of its portfolio. These established players are driving innovation in high-volume manufacturing for the most advanced logic and memory chips. Alongside these titans, a vibrant ecosystem of innovators is pushing the boundaries of ALD technology. Companies like Forge Nano, Inc., are making waves with high-throughput cluster tools, while Beneq is renowned for its specialized and industrial ALD solutions. Emerging players are also making a significant impact; ATLANT 3D is pioneering direct atomic layer processing, and Kalpana Systems is opening up new markets with its roll-to-roll spatial ALD technology. Other key contributors mentioned in recent developments include Skytech Inc., Hanwha Precision Machinery, ACM Research, Inc., and Samco Inc. The broader market also includes important players such as Oxford Instruments, Veeco Instruments Inc., and The Kurt J. Lesker Company, each contributing to the technology's expanding reach. Global Atomic Layer Deposition Market Major Players: ASM International Applied Materials, Inc. CVD Equipment Corporation Forge Nano Inc. Beneq Group Oxford Instruments plc. The Kurt J. Lesker Company Pico sun Oy SENTECH Instruments GmbH Arradiance, LLC NCD Co. Ltd. Lam Research Corporation Veeco Instruments Inc. Other Prominent Players Key Segmentation: By Product Aluminium Oxide Metal Catalytic Plasma Enhanced Others By Application Solar Devices Semiconductors Electronics Medical Equipment Others By Region North America Europe Asia Pacific Middle East Africa South America Customize the Data Scope to Match Your Objectives: About Astute Analytica Astute Analytica is a global market research and advisory firm providing data-driven insights across industries such as technology, healthcare, chemicals, semiconductors, FMCG, and more. We publish multiple reports daily, equipping businesses with the intelligence they need to navigate market trends, emerging opportunities, competitive landscapes, and technological advancements. With a team of experienced business analysts, economists, and industry experts, we deliver accurate, in-depth, and actionable research tailored to meet the strategic needs of our clients. At Astute Analytica, our clients come first, and we are committed to delivering cost-effective, high-value research solutions that drive success in an evolving marketplace. Contact Us:Astute AnalyticaPhone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World)For Sales Enquiries: sales@ Follow us on: LinkedIn | Twitter | YouTube CONTACT: Contact Us: Astute Analytica Phone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World) For Sales Enquiries: sales@ Website:

Wells Fargo Suspends China Travel After Banker Was Blocked From Leaving
Wells Fargo Suspends China Travel After Banker Was Blocked From Leaving

Bloomberg

time7 minutes ago

  • Bloomberg

Wells Fargo Suspends China Travel After Banker Was Blocked From Leaving

Wells Fargo & Co. suspended travel to China after one of its bankers who works in trade financing was recently blocked from leaving the country. Chenyue Mao, an Atlanta-based managing director who was born in Shanghai, was banned from exiting China after entering the country in recent weeks, according to a person with knowledge of the situation. That led the San Francisco-based bank to restrict other Wells Fargo employees from visiting China, said the person, who asked not to be identified discussing information that isn't public.

What the China export easing means for Nvidia, AMD, and other chips stocks
What the China export easing means for Nvidia, AMD, and other chips stocks

Yahoo

time35 minutes ago

  • Yahoo

What the China export easing means for Nvidia, AMD, and other chips stocks

Nvidia (NDVA) and AMD (AMD) may soon get the green light to sell AI chips to China again, potentially reviving a key growth market. The US government is reportedly considering loosening export restrictions, which could allow the tech giants to resume sales of some lower-end AI chips to China. This policy shift comes after April's export ban blocked chips such as Nvidia's H20 AI accelerator and AMD's MI308. 'This is a game changer,' Dan Ives, managing director of Wedbush Securities, told Yahoo Finance. 'Nvidia stands to gain billions in annual revenue from China, and every Nvidia supplier is going to benefit, as well as second and third derivative plays.' Bank of America (BAC) raised its price targets for Nvidia and AMD to $220 and $175, respectively, in anticipation of license approval. Favorable regulation could boost Nvidia's earnings per share by 5%-7% and AMD's by 3%-5%, its analysts estimate. But it's not just Nvidia and AMD that stand to gain. "It's a silver bullet positive for the AI buildout sector,' Ives said. If China's cloud and data center buildouts ramp back up, companies like Broadcom (AVGO) and Marvell Technology (MRVL), whose custom chips support AI infrastructure, could benefit. Credo Technology Group (CRDO), a high-speed interconnect supplier, may also see demand rise alongside broader server deployments. All three stocks carry a Buy rating from BofA. The clearest beneficiaries may be at the heart of chip manufacturing. Taiwan Semiconductor Manufacturing Company (TSMC), which produces Nvidia and AMD's chips, and Samsung Electronics (SSNLF), a key supplier of high-bandwidth memory, are well-positioned to capture a rebound. Read more: How does Nvidia make money? 'If I'm pointing to derivatives, I'm pointing to Samsung and TSMC,' Matt Bryson, managing director of research at Wedbush Securities, told Yahoo Finance. 'They're literally working on the parts Nvidia and AMD are shipping.' Bryson said that before April's export ban, Chinese server build activity was the 'number one positive inflection' the industry was watching. The momentum stalled in the second quarter, but could quickly return if policy changes are confirmed. The semiconductor market is rapidly expanding as AI advances. Gaining approval and reopening the key Chinese market, even partially, shifts sentiment across the sector. Nvidia CEO Jensen Huang estimated the Chinese AI market is worth $50 billion. Still, the exact effect on balance sheets will be hard to pin down in the near term. Nvidia's first quarter earnings reported a $2.5 billion drop in China revenue and a $4.5 billion inventory write-off. An additional $8 billion loss is anticipated in the second quarter. The semiconductor market is rapidly expanding as AI advances. Gaining approval and reopening the key Chinese market, even partially, shifts sentiment across the sector. Nvidia CEO Jensen Huang estimated the Chinese AI market is worth $50 billion. 'China is one of the best areas they [AMD] could break into,' Ives said. Bryson pointed out that even if the chipmakers get the green light to resume shipments and see some revenue bounce back, it's a big question mark whether the demand is even still there. Chinese customers might have already found other suppliers or simply moved on. Francisco Velasquez is a Reporter at Yahoo Finance. He can be reached on LinkedIn and X, or via email at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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