Brief India: Semiconductor WFE. China Retains #1 Spending Slot In Q225, US Mulls Yet Further Sweeping Sanctions and more
In this briefing: Semiconductor WFE. China Retains #1 Spending Slot In Q225, US Mulls Yet Further Sweeping Sanctions APAC Healthcare Weekly (October 12) InnoCare, Daiichi Sankyo, Celltrion, Mesoblast, Lupin Info Edge Q2 Preview: Non-IT Gains Help Maintain Overall Growth Momentum Thematic Report: Indian Air Conditioner Industry: The Summer That Tested Indias Cooling Story Sundaram Finance: Value Emerging, Upgrade to ADD 1. Semiconductor WFE. China Retains #1 Spending Slot In Q225, US Mulls Yet Further Sweeping Sanctions Q225 WFE billing amounted to $33 billion, up 24% YoY and up 3% QoQ. China was the biggest spender with billings of $11.36 billion, +11% QoQ, albeit down 7% YoY A US select committee on China WFE spending, published on October 7 last, highlights multiple gaps with existing US restrictions on China WFE and proposes nine separate remedies Remedies include sweeping China country-wide bans, bans on related components, consumables & deploying "incentives & leverage" with allies so they follow suit.