China the largest buyer of chipmaking machines as sales hit an all-time high
Global sales of semiconductor fab equipment grew by 5 percent during 2022 to hit an all-time high, with China the largest buyer despite a fall in its investment amid the standoff with the US over access to chips and other technology., the industry body for electronics manufacturing and supply chain, in a new Worldwide Semiconductor Equipment Market Statistics report.
"The record high for semiconductor manufacturing equipment sales in 2022 stems from the industry's drive to add the fab capacity required to support long-term growth and innovations in key end markets including high-performance computing and automotive," claimed SEMI president and CEO Ajit Manocha.
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