Title: COVID-19 pandemic sparks surge in semiconductor fab spending

Investments in 300 mm fab is forecast to grow by 13% this year, eclipsing a record set in 2018, according to a new report from trade organization SEMI. SEMI said the COVID-19 pandemic has sparked a surge in fab spending in 2020 by accelerating digital transformations worldwide. This spending is expected to increase to 2021. The increase in fab spending is due to rising demand for cloud services, servers, laptops, gaming and healthcare technology as well as fast-evolving technologies like 5G, internet of things (IoT), automotive, artificial intelligence (AI) and machine learning. According to SEMI’s report, the chip industry is …

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 334413 - Semiconductor and Other Electronic Component Manufacturing                
Company  Product  Process  Other  Subjects  Event  Event  Date  Location  Publication  Publication  Date Text  Descriptor
  • Spending


  • Market




  • Electronics 360


  • 11/5/2020


  • Article