ahead

Growth ahead for semiconductor equipment market

Growth ahead for semiconductor equipment market

Jessie Shen, DIGITIMES, Taipei

Global sales of semiconductor manufacturing equipment by original equipment manufacturers are projected to increase 16% compared to US$59.6 billion in 2019 and register a new industry record of US$68.9 billion in 2020, according to SEMI.

Growth is expected to continue with the global semiconductor manufacturing equipment market reaching US$71.9 billion in 2021 and US$76.1 billion in 2022, SEMI said.

Both the front-end and back-end semiconductor equipment segments are expected to power the expansion, SEMI indicated. The wafer fab equipment segment, which includes wafer processing, fab facilities and mask/reticle equipment, is projected to rise 15% to reach US$59.4 billion in 2020, followed by 4% and 6% growth in 2021 and 2022, respectively.

The foundry and logic segments, which account for about half of total wafer fab equipment sales, will see a mid-teens percentage increase this year to

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Semiconductor Equipment Consensus Forecast – Record Growth Ahead, SEMI Reports

Both the front end and the back end semiconductor equipment segments are expected to power the expansion. The wafer fab equipment segment – which includes wafer processing, fab facilities, and mask/reticle equipment – is projected to rise 15% to reach $59.4 billion in 2020, followed by 4% and 6% growth in 2021 and 2022, respectively. The foundry and logic segments, which account for about half of total wafer fab equipment sales, will see a mid-teens percentage increase this year to reach $30 billion in spending driven by investments in leading-edge technologies. Spending on NAND flash manufacturing equipment will surge 30% this year, surpassing $14 billion, while DRAM is expected to lead the expansion in 2021 and 2022.

The assembly and packaging equipment segment is forecast to grow 20% to $3.5 billion in 2020, followed by 8% and 5% increases in 2021 and 2022, respectively, driven by advanced packaging applications.

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Stock futures pointing higher ahead of opening bell after ending last week on downbeat note

U.S. equity futures are pointing higher early Monday hours before the opening bell after ending last week on a downbeat note. Benchmarks pulled further away from their recent highs Friday as prospects for another aid package from Washington faded, while a surge in virus cases is threatening to inflict more damage on an already battered economy.

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 30046.37 +47.11 +0.16%
SP500 S&P 500 3663.46 -4.64 -0.13%
I:COMP NASDAQ COMPOSITE INDEX 12377.872143 -27.94 -0.23%

The proposed $900 billion aid package from a bipartisan group of lawmakers has essentially collapsed because of continued partisan bickering. But there were reports that talks may continue on Monday after President Donald Trump signed a temporary government-wide funding bill into law, averting a federal shutdown at midnight and buying Congress time for the on-again,

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What to know in the week ahead

This week, a slew of economic data and the Federal Reserve’s final Federal Open Market Committee (FOMC) meeting of the year will take center stage.

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Central bank officials are set to offer their assessment of how the economy has held up amid a resurgence in coronavirus cases, which has spurred a wave of renewed business restrictions across the country.

Heading into Tuesday and Wednesday’s FOMC meeting, officials struck a cautious tone. In their December Beige Book, or collection of anecdotes about economic activity released ahead of each Fed meeting, the central bank said that most Federal Reserve districts “characterized economic expansion as modest or moderate,” while four districts “described little or no growth, and five narratives noted that activity remained below pre-pandemic levels for at least some sectors.”

Many Fed officials over the past several months have also reiterated that their monetary policy efforts work most effectively in

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