Local chip sector to outpace industry

NO VIRUS BLUES: A SEMI Taiwan official said that the virus does not slow down the global semiconductor industry’s investment in manufacturing equipment

Taipei Times
Date: Sep 23, 2020
By: Lisa Wang / Staff reporter

Guests try VR equipment at a news conference held by SEMI in Taipei to promote Semicon Taiwan, a three-day event that starts today at the Taipei Nangang Exhibition Center.
Photo: CNA

The production value of the nation’s semiconductor industry is expected to grow 16.7 percent this year from last year, outpacing the global industry’s 3.3 percent growth, industry association SEMI said yesterday.

That would help Taiwan safeguard its second spot in the global semiconductor market with a production value of more than NT$3 trillion (US$102.73 billion), SEMI Taiwan president Terry Tsao (曹世綸) told a media briefing in Taipei for the Semicon Taiwan trade show beginning today.

The global semiconductor industry’s production value is expected to increase to US$426 billion this year, SEMI said.

In terms of semiconductor equipment investment, equipment billings from Taiwanese firms rose 10.6 percent to US$8.63 billion during the first seven months of this year, ranking third in the world, SEMI’s tally showed.    [FULL  STORY]

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