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Markets and Business

Global Fab Equipment Spending Poised to Log 3 Straight Years of Record Highs as COVID-19 Stokes Demand for Electronics

Fueled by surging pandemic-inspired demand for electronics devices, the global semiconductor industry is on track to register a rare three consecutive years of record highs in fab equipment spending with a 16% increase in 2020 followed by forecast...

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Global Chip Equipment Billings Continue to Soar Amid Pandemic

The global economy has started down a gradual path to recovery from COVID-19 in recent months as the world continues to combat the virus. Yet one sector – semiconductors – has shown impressive growth powered by a transformation hastened by the...

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Going the Right Way . . . if We Can Control Pandemic

Global business conditions continued to improve through October although the rate of improvement slowed a bit as pandemic concerns increased (Chart 1).

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