SiCarrier, the Shenzhen state-controlled semiconductor equipment maker that the Chinese press once labelled the DeepSeek of the sector, confirmed on 9 October that it will exhibit at the Bay Area Semiconductor Industry Ecosystem Expo opening in Shenzhen on 14 October. It is the company’s first appearance at a major trade show in nearly a year.
Founded in 2021 and controlled by Shenzhen Major Industry Investment Group, the city’s state investment platform, SiCarrier is the most direct expression of Shenzhen’s ambition in semiconductor capital equipment. It now runs research outposts in Shanghai, Wuhan and Beijing, and is opening technical service centres overseas.
Thirty-one tools in one afternoon
The company’s reputation was made in March 2025 at Semicon China in Shanghai, where it launched 31 tools across six categories in a single session, covering etch, thin film deposition and metrology, all described as production-ready rather than as prototypes. That volume, from a company barely three years old at the time, is why the DeepSeek comparison stuck.
Its subsidiaries have since carried the technical claims. Wanyaneye, its instrumentation arm, released a 90GHz ultra-high-speed real-time oscilloscope in September 2025 that it says lifts domestic oscilloscope performance by 500 per cent, spanning several product generations at once. Qiyunfang, its software arm, shipped two in-house EDA tools that it claims cut hardware development cycles by 40 per cent. At the China International Optoelectronic Exposition this September, Wanyaneye added a 110GHz vector network analyser, a 1.6T network tester and a 90GHz optical modulation analyser.
What the expo is really for
The company’s own framing is about demand rather than heroics. It points to expanding compute requirements, a storage upcycle, and faster technology turns in advanced process and advanced packaging, and positions itself across memory, advanced logic and packaging applications. That is the language of a vendor looking for repeat orders, not a national champion announcing a breakthrough.
The expo itself has four zones covering wafer fabrication, compound semiconductors, advanced packaging, and IC design with AI infrastructure, plus more than 40 forums. SiCarrier will share floor space with AMEC and Naura, the two listed Chinese equipment makers that have actual revenue scale in etch and deposition.
The gap that matters is not whether Shenzhen can show tools. It is whether fabs will run them at volume, on leading-edge layers, with yields that survive a customer audit. Exhibiting next to AMEC is a statement of intent. Purchase orders from memory fabs would be a statement of fact.
Editor’s note: This is an adapted translation of the original Shenzhen News report. It has been trimmed and restructured for readability for an international business audience. The full original (in Chinese) is at https://www.sznews.com/news/content/2026-10/10/content_32188983.htm.