Global fab equipment spending promises to rebound from its 2019 downturn and see a modest recovery this year before a sharp uptick drives record investments in 2021, SEMI reported in the latest update of its World Fab Forecast report. The report shows a slow recovery in 2020 – 3% year-over-year (YoY) growth to $57.8 billion – owing in large part to an 18% expected slump in the first half of 2020 from the second half of 2019. The picture should brighten in the second half of this year as a recov...