Flexible Electronics News

SEMI: COVID-19 Drives Rise in Global Fab Equipment Spending

Growth spurred by demand for chips that power everything from communications and IT infrastructures to personal computing, gaming and healthcare electronics.

Author Image

By: Anthony Locicero

Copy editor, New York Post

Soaring pandemic-inspired demand for chips that power everything from communications and IT infrastructures to personal computing, gaming and healthcare electronics will drive an 8% increase in global fab equipment spending in 2020 and a 13% increase in 2021, SEMI announced in its World Fab Forecast report.    Rising demand for semiconductors for datacenter infrastructures and server storage along with the buildup of safety stock as U.S.-China trade tensions intensify are also contributing t...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters