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SEMI Report Forecasts Dip and Recovery in Semiconductor Manufacturing Equipment Sales Amid Market Adjustments

In a mid-year report unveiled at SEMICON West 2023, the SEMI International Semiconductor Industry Association projected a dip and subsequent rebound in global semiconductor manufacturing equipment sales. After hitting an all-time high of US$107.4 billion in 2022, sales are anticipated to drop by 18.6% to US$87.4 billion this year before rebounding in 2024, potentially regaining their $100 billion footing.

Cao Shilun, SEMI's Global Marketing Director and President of Taiwan Region, proposed that the semiconductor equipment market is undergoing a necessary period of readjustment following a period of historic growth. Predominantly led by. . .

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