# If Naura Technology moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/naura · Facet: ripple · Updated: 2026-07-12T05:40:46.260484+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, Naura Technology is directly linked to 2 companies (0 supply, 2 revenue relationships) and reaches 6 companies within two hops; the links are backed by 4 dated sources, 2 of them primary filings (as of 2026-07-12).

Naura Technology operates across China's No.1 chip-equipment maker, etch & deposition. It is +34.4% in 2026. The stock (+34.4%) and its demand side (avg -8.3%) are moving in step. Among connected nodes the furthest ahead is Hua Hong Semiconductor (-5.8%) and the furthest behind is SMIC (-10.9%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. It is widening its platform via the Kingsemi (litho track) and Chengdu Guotai (vacuum) acquisitions.

## Demand chain (leading)
- T1 SMIC (https://valuechain.wiki/smic.md)
- T2 Qualcomm (https://valuechain.wiki/qualcomm.md)
- T3 Apple (https://valuechain.wiki/apple.md)
- T3 Xiaomi (https://valuechain.wiki/xiaomi.md)
- T3 LG Electronics (https://valuechain.wiki/lg-electronics.md)
- T3 General Motors (https://valuechain.wiki/general-motors.md)
- T3 Kyocera (https://valuechain.wiki/kyocera.md)
- T2 Cambricon (https://valuechain.wiki/cambricon.md)
- T2 Hygon (https://valuechain.wiki/hygon.md)
- T2 GigaDevice (https://valuechain.wiki/gigadevice.md)
- T1 Hua Hong Semiconductor (https://valuechain.wiki/hua-hong.md)

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Full node: https://valuechain.wiki/naura.md · JSON: https://valuechain.wiki/naura.json