Global Semiconductor Capital Equipment: China WFE Import Tracker (June 2026): YTD YoY -10%, June YoY flat, import gradually recovering

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Global Semiconductor Capital Equipment: China WFE Import Tracker (June 2026): YTD YoY -10%, June YoY flat, import gradually recovering

21 July 2026

Global Semiconductor Capital Equipment

China WFE Import Tracker (June 2026): YTD YoY -10%, June YoY

flat, import gradually recovering

We track monthly Wafer Fabrication Equipment (WFE) imports to China through data from Qingyuan Lin, Ph.D.

+852 2123 2654 China Customs (link); this call provides an update to the June 2026 data (excel) and our

qingyuan.lin@bernsteinsg.com analysis. June import was $3.4 billion, +57% MoM and +1% YoY. YTD YoY -10%, mainly

dragged by Lithography (YTD YoY -18%) and Dry Etch (YTD YoY -14%). June imports back

Stacy A. Rasgon, Ph.D. to flat YoY, and we expect 2H import to recover as memory WFE import should be

+1 213 559 5917

stacy.rasgon@bernsteinsg.com much stronger.

June single month total WFE imports at USD 3.4bn, slightly higher than last year David Dai, CFA

+852 2918 5704 average of $3.2bn. June YTD at USD 16bn, YoY -10%. Litho import was USD 842mn,

david.dai@bernsteinsg.com YoY +3%, continued recovering from April’s historical low point and became flattish

compared to monthly average level in 2025. YTD’s weak import was mostly dragged by

Kai Zhang Lithography due to supply shortage, YTD Litho import was USD 2.98bn, YoY-18%. By +852 2123 2665

kai.zhang@bernsteinsg.com region, import from Singapore/Taiwan, China showed strong growth, YoY+25%/20%

YTD. June YTD import from Singapore + US + Malaysia was USD 6.6bn, YoY+1%. YTD

Francis Ma Shanghai & Beijing import were USD 5.6/3.5bn, as the largest import regions, accounting

+852 2123 2626 for 36%/22% share. francis.ma@bernsteinsg.com

June Litho imports of EUR 697Mn was up 196% MoM and 8% YoY. However, Q2 26 Alrick Shaw