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Article: Strategic Marketing Associates Forecasts Semiconductor Capital Spending To Rise Worldwide; No Upturn Seen for U.S. Capital Spending.
- Article from:
- Business Wire
- Article date:
- June 10, 2003
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Business Editors/High-Tech Writers
SANTA CRUZ, Calif.--(BUSINESS WIRE)--June 10, 2003
Survey Results Good News For Fab Related Industries
A survey of semiconductor companies' capital spending plans, by Strategic Marketing Associates, points to an increase of $3.6 billion this year, up 13 percent from a year ago. In 2002, worldwide capital spending totaled $28 billion. For the equipment and fab building industries, the last two years have been the worst ever. From its high point of $61 billion in 2000 to its low in 2002, capital spending declined by 55 percent or $33 billion in the two-year period, according to the latest issue of SMA's ...