China's semiconductor manufacturing equipment market is expanding rapidly
統計資料｜一般社団法人 日本半導体製造装置協会 (seaj.or.jp)
🟦 Global semiconductor equipment market @2023Q3
The Japan Semiconductor Equipment Association (SEAJ) reported that global semiconductor manufacturing equipment sales for July-September 2023 dropped by 11% compared to the previous year, totaling $25.6 billion (approximately 3.7 trillion yen). While there was a significant increase in semiconductor manufacturing equipment sales in China, other regions experienced a decline.
🟦 Due to sluggish demand for smartphones and other devices
Due to sluggish demand for smartphones and other products, semiconductor manufacturers in Taiwan, South Korea, and North America have cut down on capital expenditures.
Meanwhile, China’s semiconductor product manufacturing is thriving, with sales reaching a record high of $11 billion in July-September 2023. This accounts for more than 40% of the global market.
- By Region (YoY)
- Taiwan: -48%
- Japan: -29%
- South Korea: down 19%
- China: up 42%
🟦Summary
Sluggish demand for smartphones and other products has led to a decline in capital investment by semiconductor manufacturers in Taiwan, South Korea, and North America, while China’s semiconductor manufacturing equipment market has expanded rapidly
Export restrictions on semiconductor manufacturing equipment should have been enforced, but the Chinese market seems to be expanding rapidly.
