Forecast: Semiconductor Wafer Fab Equipment, Worldwide, 4Q20 Update

Summary

WFE revenue will increase by 13.9% in 2020 as foundries have invested heavily in leading edge logic, and domestic Chinese memory companies have ramped up their initial production. Logic spending will level off in 2021, but that will be made up by a return to investments in new capacity by major memory suppliers. Overall, the industry will grow by 7.8% in 2021.