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MILPITAS, CA – Global fab equipment spending for front-end facilities in 2023 is expected to decline 15% year-over-year to $84 billion from a record high of $99.5 billion in 2022 before rebounding 15% YoY to $97 billion in 2024, SEMI announced in its latest quarterly World Fab Forecast report.

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TAOYUAN, TAIWAN – The global flexible PCB (FPC) market is expected to total $17.2 billion in 2023, a 12.6% drop from 2022's market worth of $19.7 billion, according to the Taiwan Printed Circuit Board Association (TPCA) and Science and Technology International Strategy Center (ISTI) of the Industrial Technology Research Institute (ITRI).

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