Flexible Electronics News

SEMI: Global Fab Equipment Spending Poised to Log 3 Straight Years of Record Highs

The semiconductor industry last saw three straight years of fab equipment investment growth in a run that started in 2016, SEMI said.

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By: Anthony Locicero

Copy editor, New York Post

Fueled by surging pandemic-inspired demand for electronics devices, the global semiconductor industry is on track to register a rare three consecutive years of record highs in fab equipment spending with a 16% increase in 2020 followed by forecast gains of 15.5% this year and 12% in 2022, SEMI highlighted in its quarterly World Fab Forecast report.   Fabs worldwide will add about $10 billion worth of equipment in each of the three years as spending climbs to top $80 billion at the end of the...

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