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In 2025, three Chinese firms—Naura Technology Group, Advanced Micro-Fabrication Equipment Inc China (AMEC), and Shanghai Microelectronics Equipment Co Ltd—ranked among the top 20 global semiconductor equipment manufacturers, reflecting China's growing capabilities in the sector. Naura rose to fifth place, AMEC debuted at 13th with advanced etching technology, and Shanghai Microelectronics secured the 20th position. Despite this progress, experts highlight a persistent technological gap, particularly in lithography, amidst a projected $133 billion market for chipmaking equipment in China.