Market News

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.

Read more: Global Fab Equipment Spending Recovery Expected in 2024, Says SEMI

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).

Read more: TPCA: Global FPC Market to Decrease 13% in 2023

BANNOCKBURN, IL – The forecast for US economic growth, initially expected to be 0.5% at the beginning of 2023, is now expected to grow by 2%, according to IPC’s August Economic Outlook report.

Read more: IPC: US Economy Remains Resilient, but Headwinds Loom

WASHINGTON — Global semiconductor industry sales totaled $43.2 billion in July, an increase of 2.3% compared to June's total of $42.2 billion but 11.8% less than the July 2022 total of $49 billion, according to the Semiconductor Industry Association.

Read more: Global Semiconductor Sales Increase 2.3% Month-to-Month in July

MILPITAS, CA – Global semiconductor equipment billings dipped 2% year-over-year to $25.8 billion in the second quarter, while quarter-over-quarter billings slipped 4%, SEMI announced in its Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report.

Read more: Global Semiconductor Equipment Billings Dip 2%

BANNOCKBURN, IL – Total North American PCB shipments in July increased 23% compared to the same month last year, IPC announced in its monthly North American PCB Statistical Program.

Read more: North American PCB Shipments Increase 23% in July

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