News Snapshot:
Taiwan is to become the world’s largest spender on front-end chip manufacturing equipment this year, thanks to robust demand for chips used in vehicles and high-performance computing devices, international trade group SEMI said yesterday. Fab equipment spending in Taiwan is forecast to rise 52 percent year-on-year to US$34 billion this year, ahead of South Korea’s US$25.5 billion, where it would be up 6 percent from the previous year, and US$17 billion in China, down 14 percent annually, SEMI said in its World Fab Forecast report. Capacity in the global semiconductor industry is to expand by 8 percent this year after...
