Semicon equipment makers see 3% growth to US$57.8b in 2020

KUALA LUMPUR: Global fabrication equipment spending is expected to rebound from its 2019 downturn and see a modest recovery this year, the US-based Semiconductor Equipment Manufacturers Industry (SEMI) said.

It had on Tuesday forecast a 3% year-on-year growth to US$57.8bil this year before a sharp uptick drives record investments in 2021,