2024 Global Fab Equipment Spending Recovery Expected After 2023 Slowdown, SEMI Reports

Written by PR Newswire

MILPITAS, Calif., Sept. 12, 2023 /PRNewswire/ -- Global fab equipment spending for front-end facilities in 2023 is expected to decline 15% year-over-year (YoY) to US$84 billion from a record high of US$99.5 billion in 2022 before rebounding 15% YoY to US$97 billion in 2024, SEMI announced today in its latest quarterly World Fab Forecast r...

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