China's projects driving global fab equipment sales

February 23, 2017 // By Peter Clarke
Industry organization SEMI is tracking 20 new-build wafer fab projects in China and it is increasingly going to be Chinese companies and investors that will be the key drivers behind these projects.

The list includes the most recent announcement from Globalfoundries Inc. of a plan for a joint venture called Gexin to build a wafer fab in Chengdu (see Globalfoundries to build FDSOI fab in China).

Potential new 300mm fab projects in China. Source: SEMI.

SEMI reckons that these projects will propel annual spending on fab equipment in China above $10 billion by 2018 and that it will remain at that level for many years thereafter. China is expected to be the top spending region for fab equipment spending in 2019 and 2020 overtaking South Korea and Taiwan.

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