Chinese semiconductor equipment leader Advanced Micro-Fabrication Equipment (AMEC) posted robust growth in its Q3 2025 report. Revenue surged 46.40% year-over-year for the first three quarters, reaching 8.063 billion yuan, while net profit grew 32.66% to 1.211 billion yuan.
The company's core etch equipment business remained the primary revenue driver, generating 6.101 billion yuan, a 38.26% increase. A standout performer was its new thin film equipment segment—including LPCVD and ALD products—which saw revenue skyrocket by 1,332.69% to 403 million yuan. This massive growth underscores its emergence as a significant new growth engine.
AMEC is heavily investing in its future, with R&D spending soaring 63.44% to 2.523 billion yuan, accounting for 31.29% of total revenue. Product milestones include the mass production of advanced logic and memory etch processes and the upcoming launch of a next-generation 90:1 ultra-high aspect ratio etch system.
ICgoodFind: AMEC's strong performance, fueled by core and new products, provides significant momentum for the domestic semiconductor equipment industry.
