Qian Zhan Wang·2025-06-19 08:19Core Insights - The leading companies in China's target material industry are focusing on breakthroughs in the performance of target materials for downstream sectors such as semiconductors, display panels, and thin-film solar cells in 2024 [1][2]. R&D Focus - Jiangfeng Electronics is developing ultra-pure metal target internal grain refinement technology, large-size high-density tungsten and tantalum targets, and key technologies for high-purity sputtering targets for integrated circuits [1][2]. - Longhua Technology is concentrating on the development of binary-doped molybdenum alloy targets and high-purity large-size molybdenum-titanium alloy targets [1][2]. - Oulai New Materials is focusing on the development of barrier layer targets and semiconductor targets [1][2]. - Ashi Innovation is working on new conductive metal targets and new display molybdenum and molybdenum alloy targets [1][2]. - Antai Technology is dedicated to the development of molybdenum and molybdenum alloy targets for flat panel displays [1][2]. R&D Investment - In 2024, Jiangfeng Electronics and Yuyuan New Materials have the highest R&D investments, amounting to 217.29 million yuan and 207.14 million yuan respectively [1][2]. - Oulai New Materials has an R&D investment ratio of 5.11%, ranking among the top in the industry [1][2]. Patent Application Trends - The number of patent applications in the target material industry has decreased over the past three years, with a concentration in the field of metal material coating [6][9]. - As of May 20, 2025, there are 393 patent applications and 1,941 granted patents related to target material technology in China [6][9]. Patent Distribution - The majority of effective patents in the target material field are concentrated in the IPC classification C23C (coating of metal materials), with 13,071 patents, accounting for nearly half of the total [9][10]. - Other significant areas include H01L (semiconductor devices), C22C (alloys), and B22F (processing of metal powders) [9][10].