Global semicon industry set to soar in fabrication equipment spending


Employees perform maintenance work in the clean rooms at the Globalfoundries semiconductor fabrication (fab) plant in Dresden, Germany, on Thursday, Feb. 11, 2021.

KUALA LUMPUR: The global semiconductor industry is on track to record a rare three consecutive years of record highs in fabrication equipment spending, the Semiconductor Equipment Manufacturers Industry (SEMI) says.

It said that the increased investments in the fab equipment would be fuelled by surging pandemic-inspired demand for electronics devices. In its quarterly World Fab Forecast report, SEMI said after the 16% increase in 2020, it forecasts an increase in investments of 15.5% this year and 12% in 2022.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Fab , semiconductor , fabrication , equipment , spending ,

   

Next In Business News

Powering on data centres
Medical insurance premiums on the rise
Blackstone, KKR mortgage REITs stung by office debt challenges
Making scents of success
Tesla’s plan for affordable cars takes page from Detroit rivals
Sapura Energy takes a step to turn the tide
Are there too many GPs and is the healthcare system overwhelmed?
Kelington to reap the benefits of a diversified business strategy
Investors brace for 5% Treasury yields
Singapore’s growth trajectory remains intact

Others Also Read