SEMI, an industry association comprising businesses involved in semiconductor equipment and material, released its quarterly World Fab Forecast report and expected that global equipment spending will hit a new all-time high of $103 billion this year. It is 14% up from the record-high number in 2021, marking the third consecutive year of growth. Taiwan is expected to lead fab equipment spending in 2022, increasing investments 56% YoY to $35 billion, followed by South Korea at $26 billion, a 9% rise. Click the news below for more information:

https://www.etnews.com/20220323000133