By Abigail L. Ho
Philippine Daily Inquirer
THE GLOBAL semiconductor industry expects investments to continue to pour in the remaining months of the year, with capital equipment spending seen reaching $36.9 billion, more than double last year’s $16.6 billion.
According to international research firm Gartner Inc., growth from this year to next would be a modest 4.9 percent, but only because 2010’s expected spending growth would drive capital equipment spending to an all-time high.
Also, 2009 was considered a slump year by the industry, with most players opting to make do with their existing equipment, as semiconductor demand significantly slowed amid the global recession.
Gartner said overall semiconductor capital expenditures would likewise double this year to $50.7 billion, from the $25.9 billion recorded last year.
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