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Global spending on fab equipment for front-end facilities expected to grow 18%: SEMI
According to Semiconductor Industry Association International, global spending on fab equipment for front-end facilities is expected to grow 18% year-over-year and reach a record high of $107 billion in 2022. It would also mark the third consecutive year of growth following a 42% increase in 2021.
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“Global fab equipment spending crossed the $100 billion mark for the first time, a historic milestone for the semiconductor industry,” SEMI President and CEO Ajit Manocha said in a press release.
Furthermore, spending in Europe/Middle East is expected to hit a record $9.6 billion this year, a relatively small but 248% year-over-year increase.