The Chinese company Naura Technology Group is seeing its revenues increase amid the tariff war between the US and China, in which many other countries have been involved. A spokesperson for the company has confirmed that Naura’s revenues and profits have skyrocketed during the first quarter of 2025, and he expects this trend to continue for at least the rest of the year despite global instability.
This company is one of the producers of the equipment involved in the manufacture of the largest integrated circuits in China. In March 2024, it embarked on a preliminary investigation aimed at developing new, exclusively Chinese integration technologies. We have hardly any information about the outcome of this project, but if we stick to Naura’s current economic performance, it seems reasonable to conclude that it has achieved its purpose.
Naura is one of China’s key pieces on the road to self-sufficiency
Over the last three years this company has not stopped growing. And its current performance indicates that US tariffs are not going to faze it. It makes sense. As we have just seen, its business is based on the production of equipment for manufacturing chips, and its main market is China. However, to say that it is doing well would be an understatement. Naura, which is based in Beijing, has confirmed just a few hours ago that its revenues for the first quarter of this year have increased by 51% compared to the same period in 2024. And its profits have increased by 53%.
In any case, what is really important is the reason why its revenues are increasing at such a high rate. We don’t need to speculate to find out; Naura itself has attributed its success to the technological innovations it has achieved during the development of its new etching and deposition equipment.
These machines are not the devices responsible for transferring the geometric pattern containing the design from the chips to the silicon wafers, which is what ASML’s photolithography equipment does, but even so, these processes are also crucial during semiconductor production.
The Chinese market is so large that many companies in the country led by Xi Jinping do not need to go abroad to obtain a very high economic return, especially if their business is based on a strategic sector. Naura’s shares fell 0.4% a few hours ago due to global instability, but this is probably a mirage. Its medium-term future, like that of Chinese lithography equipment manufacturers SiCarrier and AMEC (Advanced Micro-Fabrication Equipment China), is promising.
