SEMI expects a 24% growth in spending to a record US$67.7bil in 2021, which is 10% higher than the previously forecast US$65.7bil, and all product segments promising solid growth rates.
KUALA LUMPUR: US-based Semiconductor Equipment Manufacturers Industry (SEMI) sees strong growth ahead for global fabrication equipment spending in 2021 as it recovers from the trough this year following the Covid-19 pandemic fallout.
It said on Wednesday it expects a 24% growth in spending to a record US$67.7bil in 2021, which is 10% higher than the previously forecast US$65.7bil, and all product segments promising solid growth rates.
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