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2003 semiconductor industry capital spending trends
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Bill McClean, President, IC Insights, Inc, Scottsdale, AZ, USA
ABSTRACT
After steep declines in 2001 and 2002, worldwide semiconductor industry capital spending is forecast to show a 15% increase in 2003 to $31.9 billion. Total semiconductor industry capital spending in 2007 is expected to reach about $44 billion. When using the $44 billion figure for 2007, the 1994–2007 CAGR for semiconductor capital spending is only 5.2% (about 7 points less than the 12.1% 1978–2002 CAGR). It is interesting to note that the 1994–2007 CAGR in the semiconductor market is forecast to be only 6%, illustrating the tight correlation between semiconductor market growth and capital spending.
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