Critical Subsystems

COVID-19 has forced all the players in the semiconductor manufacturing supply chain to reassess how much inventory they need to hold.

Orders for critical subsystems evaporated in the second half of 2018 after a very strong start to the year. Subsystems suppliers have been left with depleted order books after OEMs accumulated large inventories as the market for wafer fab equipment cooled off. Although overall critical subsystems...

Years of industry consolidation in the critical subsystems market appears to be coming to an end.The top 10 suppliers’ share of the critical subsystems market has stabilised at around 50 percent after many years of industry consolidation. Through a combination of acquisitions and organic growth,...