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[UBS: The performance of domestic semiconductor equipment manufacturers is expected to be better than last year, optimistic about opportunities in etching and other sub-sectors] Securities Times e Company NewsbingoslotsonlineOn May 23, Yu Jia, an analyst in China's technology hardware industry at UBS Securities, discussed the A-share semiconductor design at the online media sharing meeting on China's technology hardware industry outlook.bingoslotsonline...

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[UBS: The performance of domestic semiconductor equipment manufacturers is expected to be better than last year, optimistic about opportunities in etching and other segments.] Securities Times e Company News, on May 23, Yu Jia, an analyst with UBS Securities in China's technology hardware industry outlook, responded to a reporter from Securities Times e Company regarding the slowdown in the performance growth of A-share semiconductor equipment companies last year. The semiconductor equipment certification cycle is relatively long and usually takes more than three quarters. Therefore, the current performance of equipment manufacturers corresponds to the background that the United States will increase its semiconductor export controls on China in 2023. Manufacturers will have a certain impact on placing equipment orders, and the growth of contract liabilities and other indicators will moderately slow down. However, since downstream demand has improved in the second half of last year, domestic Semiconductor capital expenditures have become more active, and feedback is expected in the next 3 - 4 quarters. The growth of semiconductor equipment performance this year is expected to be better than last year. At present, the confidence in self-sufficiency in the industrial chain is strengthening, and the competitiveness of head equipment manufacturers is further strengthened. We are optimistic about equipment manufacturers represented by etching, as well as equipment fields with relatively early localization rates such as good testing; in addition, we pay attention to the investment direction of China's wafer factories, and corresponding equipment manufacturers are expected to benefit more.