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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (10374)	9/23/2020 9:42:19 AM
From: Kirk ©	Read Replies (1) \| Respond to of 26909

Semiconductor market set for growth in 2021 Monica Chen, Taipei; Jessie Shen, DIGITIMES Wednesday 23 September 2020 Despite the prevailing pandemic-induced economic uncertainty, the global semiconductor market is poised for growth in 2021, according to SEMI. SEMI also expressed optimism about the chipmaking equipment and materials market outlook next year, citing promising demand for advanced-node manufacturing and related backend services such as heterogeneous IC packaging. The COVID-19 outbreak has led to the rise of stay-at-home economy since 2020, SEMI said. Chip demand for notebooks, servers and other devices enabling remote work and education has been robust. With the COVID-19 outbreak in Taiwan well-contained, the local PC and chipmaking industry supply chains are benefiting from the stay-at-home trend, SEMI noted. Despite delays in the rollouts of 5G networks, SEMI remains bullish about demand arising from the arrival of 5G in the mid- and long-term. Government subsidies and other economic revitalization measures may help recovery from the pandemic, SEMI indicated. SEMI also expects the impact on chipmakers from the US sanctions against Huawei to be short-lived, while keeping a close eye on the development of US-China trade disputes that may reshape industry supply chains. In addition, SEMI revised upward its semiconductor equipment market forecast this year to US$65 billion, thanks to robust demand for advanced-node manufacturing. Equipment sales will climb further and reach a record-high US$70 billion in 2021, driven by a rebound in memory capex and the China market, according to SEMI. digitimes.com