Penang-based semiconductor test and vision equipment manufacturing companies expect to outsource more jobs to small and medium enterprises (SMEs) this year, despite a forecast of slower growth for worldwide semiconductor equipment spending for the year.
According to the Connecticut-based research company Gartner, capital equipment spending will increase 5.6% this year, down from 11.3% forecast in the third quarter last year, as the largest spenders adopt conservative investment strategies.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!