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Technology Stocks : Investing in Exponential Growth
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From: Paul H. Christiansen5/12/2017 10:40:05 AM
   of 1084
 
SEMICON Southeast Asia reflects strong equipment market


Dr. Dan Tracy, Senior Director Industry Research and Statistics at SEMI, presented an optimistic outlook for the semiconductor equipment market in 2017. Semiconductor capital spending (cap ex) and semiconductor manufacturing equipment spending are both expected to show double digit growth, with cap ex at 10.9% and equipment at 12.2%.

China will be the major source of growth in semiconductor manufacturing over the next few years according to Clark Tseng, senior research manager of SEMI Taiwan. China has 20 new wafer fabs started or planned from 2016 to 2019 and is expected to account for 20% of global wafer fab capacity by 2020. Foreign companies have accounted for the majority of wafer fab spending in China, but Chinese companies should account for the majority of spending by 2018. China should be the largest market for wafer fab equipment by 2019 or 2020.

semiwiki.com

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