半导体装备发货量明显走高

Core Insights - The company has observed a significant increase in demand for semiconductor equipment since July, with shorter delivery cycles and full production capacity for its domestic semiconductor slicing machines, prompting plans for a second phase of expansion [1] - The semiconductor equipment sector is seen as a key indicator of the semiconductor industry's health, with expectations of overall recovery starting in 2024 and a substantial increase in equipment shipments beginning in Q3 of this year, likely continuing until 2026 [1] Semiconductor Equipment Demand - The company's semiconductor packaging and testing equipment includes precision processing equipment, high-performance air spindles, and consumables, establishing a competitive advantage in the semiconductor slicing field [2] - The company serves OSAT and IDM manufacturers in markets including Europe, Southeast Asia, and China, providing solutions in slicing and grinding, with its air spindle technology applicable in various precision manufacturing sectors [2] Mergers and Acquisitions - Following its IPO, the company made three overseas acquisitions to integrate technology and channels in the semiconductor equipment market, particularly in the wafer slicing sector, and has achieved initial mass production of high-end slicing machines through independent R&D [2][3] R&D and Technology Development - The company faced challenges in replicating technologies from acquired firms and opted to learn from the ground up, aligning its R&D with international standards [3] - The acquired subsidiary ADT is a leading player in semiconductor slicing machines, while the UK subsidiary LP is recognized for its innovations in air spindle technology [3] Product and Market Strategy - The company aims to leverage its R&D capabilities across the UK, Israel, and China, utilizing the advantages of its subsidiaries to enhance customer response and service capabilities [4] - The company is committed to integrating AI into its operations, viewing it as a core driver for transitioning from an equipment provider to an intelligent solution service provider [5] AI Integration and Innovation - The company is optimistic about the semiconductor industry's recovery, which is a key reason for its rapid expansion plans, and is focused on deep integration of AI with its core technologies and market demands [5] - AI is being utilized to enhance the company's IoT systems, transforming them from passive monitoring to proactive warning and decision support systems, significantly improving service value for mining clients [6]