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Global Fab Equipment Spending Forecast to Reach All-Time High of Nearly $100 Billion in 2022, SEMI Reports
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Global Fab Equipment Spending Forecast to Reach All-Time High of Nearly $100B in 2022, SEMI Reports
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Fab equipment spending to reach record levels in 2022
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MILPITAS, Calif., June 13, 2022 /PRNewswire/ Global fab equipment spending for front-end facilities is expected to increase 20% year-over-year (YOY) to an all-time high of US$109 billion in 2022, marking a third consecutive year of growth following a 42% surge in 2021, SEMI announced today in its latest quarterly World Fab Forecastreport. Fab equipment investment in 2023 is expected to remain strong. "The global semiconductor equipment industry remains on track to cross the $100 billion threshold for the first time as shown in our latest update of the World Fab Forecast,"said Ajit Manocha, president and CEO of SEMI. "This historic milestone puts an exclamation point on the current run of unprecedented industry growth." Fab Equipment Spending by Region Taiwan is expected to lead fab equipment spending in 2022, increasing investments 52% YoY to US$34 billion, followed by Korea at US$25.5 billion, a 7% rise, and mainland China at US$17 billion, a 14% drop from its pe
Front-end fab equipment spending is expected to increase 20% y-o-y to an all-time high of $109 billion in 2022, marking a third consecutive year of growth