TOKYO — Global sales of total semiconductor manufacturing equipment by original equipment manufacturers are forecast to reach a new high of $108.5 billion in 2022, rising 5.9% from the previous industry record of $102.5 billion in 2021, SEMI announced in its Year-End Total Semiconductor Equipment Forecast – OEM Perspective at SEMICON Japan 2022.

Read more: SEMI: Global Total Semiconductor Equipment Sales Forecast to Reach Record High in 2022

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.

Read more: Global Chip Industry Projected to Invest More Than $500 Billion in New Factories by 2024, SEMI...

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.

Read more: Report: Advanced IC Substrate Market Value to Reach Nearly $30 Billion in 2027

BANNOCKBURN, IL — Eighty percent of electronics manufacturers are experiencing rising material costs, while 77% indicate that labor costs are on the rise, according to the IPC's November Sentiment of the Global Electronics Manufacturing Supply Chain report. At the same time, ease of recruitment, profit margins, and inventory from suppliers are presently declining.

Read more: IPC: Manufacturers Report Rising Material, Labor Costs