To All,
Semiconductor Equipment, Materials And Flat Panel
Display Markets Soar To $65 Billion In 1997
Source: Business Wire
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE) via Individual Inc. -- -- Industry Grows More
Than 18% In Two Years --
The market for equipment, materials and services for the semiconductor and flat panel display
industries will reach $65 billion worldwide in 1997, according to Semiconductor Equipment and
Materials International (SEMI), the international trade association. This figure represents a growth
of more than 18% from just two years ago.
The 1997 figures for the semiconductor equipment and materials market total $61.2 billion,
including equipment ($25 billion), services ($14.2 billion) and -- the largest growing category --
materials for processing and packaging ($22 billion, up 5% from 1996 figures). Projected 1997
figures for the flat panel display market total $3.8 billion, with equipment accounting for $1.5
billion and materials for $2.3 billion.
SEMI forecasts continued growth to more than $90 billion by the year 2000.
Advancements in the semiconductor equipment and materials industry enable semiconductor
manufacturers to make advanced chips that in turn allow greater power and efficiencies to be
employed in a host of electronics products. These range from computers to autos, from VCRs to
home security systems, from telecommunications to "smart" thermostats. Conversely, continued
growth in the electronics industry creates increased demand for chips to drive these many everyday
products. The electronics industry is expected to grow to $920 billion in 1997 from $851 billion in
1996.
"This is a very exciting time in the semiconductor materials and equipment industry," says SEMI
president Stanley Myers. "Every year, we're building new fabrication facilities, creating additional
job opportunities and adding value to what we call the 'electronics eco- system' through the
advanced technological processes and equipment we develop for the semiconductor industry."
SEMI's role within the industry includes fostering overall growth and business for its members,
working in-depth on environmental, health and safety initiatives and supporting government policies
that favor open trade.
Based in Mountain View, Calif., SEMI is an international trade association serving 2,000 member
companies participating in the $65 billion semiconductor and flat panel display equipment and
materials markets. SEMI maintains offices in Austin, Beijing, Boston, Brussels, Hsinchu,
Moscow, Seoul, Singapore, Tokyo and Washington, D.C. Visit SEMI OnLine at www.semi.org.
CONTACT: COMPANY CONTACT: AGENCY CONTACT: | Lisa Anderson Amy Budd/Dahlia
Goldenberg | SEMI Mountain View Ruder(Finn | 415.940.6918 212.593.6424/212.583-2775 |
landerson@semi.org budda@ruderfinn.com | goldenbergd@ruderfinn.com
[10-01-97 at 11:47 EDT, Business Wire] |
