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MILPITAS, CA — The worldwide semiconductor industry is projected to invest more than $500 billion in 84 volume chipmaking facilities starting construction from 2021 to 2023, with segments including automotive and high-performance computing fueling the spending increases, SEMI announced in its latest quarterly World Fab Forecast report. The projected growth in global factory count includes a record high 33 new semiconductor manufacturing facilities starting construction this year and 28 more in 2023.

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LYON, FRANCE — The global advanced IC substrate market value is anticipated to rise from $15.8 billion in 2021 to $29.6 billion in 2027, according to Yole Intelligence's annual Status of the Advanced IC Substrate Industry 2022 report.

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