KUALA LUMPUR (Dec 13): The semiconductor industry worldwide is projected to invest more than US$500 billion (RM2.21 trillion) in 84 volume chipmaking facilities starting construction from 2021 to 2023, with segments including automotive and high-performance computing fueling the spending increases, according to the US-based Semiconductor Equipment and Materials International (SEMI).
Global chip industry to invest more than US$500b in new plants by 2024, says SEMI© Provided by The Edge
In its latest quarterly World Fab Forecast report released on Monday (Dec 12), SEMI said the projected growth in the global factory count includes a record high 33 new semiconductor manufacturing facilities starting construction this year, and 28 more in 2023.
SEMI president and chief executive officer Ajit Manocha said the latest SEMI World Fab Forecast update reflects the increasing strategic importance of semiconductors to countries and a wide array of industries worldwide.
“The report underscores the significant impact of government incentives in expanding production capacity and strengthening supply chains.
“With the bullish long-term outlook for the industry, rising investments in semiconductor manufacturing are critical to laying the groundwork for secular growth driven by a diverse range of emerging applications,” he said.
SEMI said that in the Americas, the US Chips and Science Act has vaulted the region into the lead worldwide in new capital spending, as government investment spawns new chipmaking facilities and supporting supplier ecosystems.
From 2021 through next year, the Americas is forecast to start construction of 18 new facilities.
China is expected to outnumber all other regions in new chip manufacturing facilities, with 20 supporting mature technologies planned.
Propelled by the European Chips Act, European/Middle Eastern investment in new semiconductor facilities is expected to reach a historic high for the region, with 17 new fabs starting construction between 2021 and 2023.
Taiwan is expected to start construction of 14 new facilities, while Japan and Southeast Asia are each projected to begin building six new facilities over the forecast period. South Korea is forecast to start construction of three large facilities.
Reference:
Global chip industry to invest more than US$500b in new plants by 2024, says SEMI© Provided by The Edge
In its latest quarterly World Fab Forecast report released on Monday (Dec 12), SEMI said the projected growth in the global factory count includes a record high 33 new semiconductor manufacturing facilities starting construction this year, and 28 more in 2023.
SEMI president and chief executive officer Ajit Manocha said the latest SEMI World Fab Forecast update reflects the increasing strategic importance of semiconductors to countries and a wide array of industries worldwide.
“The report underscores the significant impact of government incentives in expanding production capacity and strengthening supply chains.
“With the bullish long-term outlook for the industry, rising investments in semiconductor manufacturing are critical to laying the groundwork for secular growth driven by a diverse range of emerging applications,” he said.
SEMI said that in the Americas, the US Chips and Science Act has vaulted the region into the lead worldwide in new capital spending, as government investment spawns new chipmaking facilities and supporting supplier ecosystems.
From 2021 through next year, the Americas is forecast to start construction of 18 new facilities.
China is expected to outnumber all other regions in new chip manufacturing facilities, with 20 supporting mature technologies planned.
Propelled by the European Chips Act, European/Middle Eastern investment in new semiconductor facilities is expected to reach a historic high for the region, with 17 new fabs starting construction between 2021 and 2023.
Taiwan is expected to start construction of 14 new facilities, while Japan and Southeast Asia are each projected to begin building six new facilities over the forecast period. South Korea is forecast to start construction of three large facilities.
Reference: