@Fenng: Among the entrepreneurs accompanying Trump to China, the company least familiar to the public should be Illumina. Illumina is the most important company in the global gene sequencing field, holding a dominant market position. In 2025, China imposed an import ban on Illumina's gene sequencers. This visit is obviously hoping to lift the ban...

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Summary

The article introduces Illumina, the global gene sequencing giant, accompanying Trump on his visit to China, attempting to lift China's import ban on its gene sequencers. It also points out that BGI (Huada Gene) had already laid out its independent technology route by acquiring Complete Genomics, changing the market landscape.

Among the entrepreneurs accompanying Trump to China, the company least familiar to the public is Illumina. Illumina is the most important company in the global gene sequencing field, holding a dominant market position. In 2025, China imposed an import ban on Illumina's gene sequencers. This visit is obviously hoping to lift the ban. Although Illumina's market value is not very high, this field is very important. Pharmaceuticals, healthcare, life sciences, and many other fields rely on sequencers. However, the Chinese market has its own Plan B. BGI, then one of Illumina's largest customers, acquired Complete Genomics through its subsidiary in 2013, thereby gaining an independent sequencing technology route. At that time, the acquisition cost was not high, just over 100 million US dollars, which was unremarkable, so it didn't face much effective resistance. From then on, the rules of this market were completely rewritten.
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