Forecast Analysis: Semiconductor Capital Spending and Manufacturing Equipment, Worldwide
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Despite a weak memory market, aggressive spending by leading-edge logic players in anticipation of 5G demand led to a 3.6% decline in capital spending in 2019 to $99.4 billion. Based on Gartner’s global recession scenario due to the COVID-19 pandemic, spending will decline further by 13.8% in 2020.
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