( BW)(SEMI) Semiconductor Equipment, Materials
And Flat Panel Display Markets Soar To $65 Billion In 1997
Business Editors
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Oct. 1, 1997--
-- 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 semi.org. |
