Jusung, PSK China sales plunge over 40% amid China's chip self-sufficiency drive

The sharp decline in revenue for Jusung and PSK in China stems from the country's intensified push for chip self-reliance, putting their upstream equipment and materials supply chains at risk of disruption. Technologically, firms unable to align with domestic replacement trends face rapid marginalization. From a compliance standpoint, stricter oversight increases operational costs, especially in certification and localization demands. Competitors such as ASML and KLA are capitalizing on this shift by expanding market share through technology transfers and local partnerships. Over the next 12 to 24 months, China’s semiconductor sector will accelerate consolidation, with a pronounced trend toward de-globalization in equipment and materials. Leading firms will dominate supply chain restructuring, while smaller players face existential pressures. This marks not only a market reshuffle but also a pivotal moment in the global semiconductor landscape.