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Semiconductor fab spending to roar back in 2021

June 10, 2020

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Spending on equipment need to make semiconductor devices – a key market for optics and photonics companies – is expected to surge to record levels in 2021.

According to the latest “world fab forecast” from the Semiconductor Equipment and Materials International (SEMI) industry group, the Covid-19 pandemic has pushed out the anticipated low point of spending by around one calendar quarter this year.

The result is that fab equipment spending is now expected to fall by around 4 per cent this year, on the back of an 8 per cent decline measured in 2019.

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