Flexible Electronics News

SEMI: Global Fab Spending to See 2019 Decline, New Highs in 2020

Expected to decline 14% in 2019 but set a new record in 2020.

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By: Anthony Locicero

Copy editor, New York Post

Global fab equipment spending is expected to decline 14% (US$53 billion) in 2019 but stage a strong recovery of 27% (US$67 billion) to set a new record in 2020, according to the Q1 2019 World Fab Forecast report issued by the Industry Research & Statistics Group at SEMI.    Spurred by a slowdown in the memory sector, the 2019 downturn marks the end of a three-year growth run for fab equipment spending. Over the past two years, memory accounted for an annual share of about 55% of a...

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