➀ YES, a global leader in materials and interface engineering equipment solutions, has shipped the first commercial VeroTherm Formic Acid Reflow tool to a global semiconductor manufacturer from its Sulur, Coimbatore facility.

➁ This marks a significant milestone for YES and the Indian semiconductor ecosystem, as it is the first equipment produced in India for advanced semiconductor applications like HBM.

➂ The Sulur facility, which commenced operations in September 2024, is part of YES's strategic expansion plan to serve global customers more efficiently.

➀ Pioneer Precision, a core component supplier for Jiangsu's semiconductor equipment, was successfully listed on the Science and Technology Innovation Board, with a surge of 534% on the first day of trading.

➁ This is the only company in Jiangsu to be listed on the Science and Technology Innovation Board this year and the only company in the country to pass and be listed on the Science and Technology Innovation Board in the same year since the introduction of the new 'national nine articles' in April and the 'eight articles' by the China Securities Regulatory Commission in June.

➂ Pioneer Precision has achieved localization and autonomy in a variety of key process components and has the capability to provide complete process support. It is one of the few domestic suppliers that can mass-produce and supply key components for etching equipment with 7nm and below domestic technology, directly competing with international manufacturers.

➀ The demand for AI chips is booming, but it's not enough for semiconductor manufacturing equipment makers.

➁ ASML, a Dutch equipment manufacturer, reported disappointing financial results with net orders for the third quarter at 2.6 billion euros, below Wall Street expectations.

➂ Analysts still expect global semiconductor manufacturing equipment sales to exceed $100 billion this year, but the industry is dominated by a few large investors.