Flexible Electronics News

Global Fab Equipment Spending Rebounding in 2020 with 20% Growth: SEMI

Grow to US $58.4 billion after dropping 19% to US $48.4 billion in 2019.

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By: Anthony Locicero

Copy editor, New York Post

Global fab equipment spending will rebound in 2020, growing 20% to US $58.4 billion after dropping 19% to US $48.4 billion in 2019, according to the Q2 2019 World Fab Forecast update published by SEMI.    The 2020 investment increase is a downward revision from the 27% growth forecast earlier this year, and the 19% drop in 2019 spending is deeper than the previously projected decline of 14%. Despite the healthy gains forecast for 2020, fab spending will still fall $2 billion short of 2018 in...

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