Global Fab Equipment Spending Poised to Log Three Straight Years of Record Highs as COVID-19 Stokes Demand for Electronics
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.