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Q4 Chip Equipment Sales Strong


Wednesday, December 3, 2003

Semiconductor equipment makers expect the industry to experience a recovery in the coming years, rising 39% to $29.6 billion in 2004 and 18% in 2005 to $35 billion in 2005, according to a forecast released in Japan by SEMI.

Survey respondents said they expect sales to increase to $21.4 billion in 2003, up more than 8 percent from $19.8 billion a year earlier, the trade group said.

"Recovery in the global semiconductor market, coupled with increased capacity utilization, the introduction of new technologies, and improving sales of electronics support the view that 2004 and 2005 should be strong years for the capital equipment market," Stanley Myers, president and CEO of SEMI, said in a statement.

As new capacity goes into production in 2006, the industry cycle is expected to contract 6.6 percent, it said.

The group said the 2004 recovery is expected across all technology segments, with wafer process equipment, the largest segment by dollar value, expected to rise nearly 39 percent to $19.8 billion.

By: DocMemory
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