🟦Semiconductor manufacturing equipment market down 2% @ 2024Q1

China is the driving force! US-China friction leads to last-minute demand

🟦Semiconductor manufacturing equipment market down 2% @ 2024Q1 

Global semiconductor manufacturing equipment sales for January-March 2024 were $26.4 billion (approximately 4 trillion yen), down 2% from the same period last year. The reason for the decline in sales is believed to be a slowdown in demand for smartphones and personal computers. Ajit Manocha, president and CEO of SEMI, said, “While global semiconductor manufacturing equipment sales are declining slightly, our industry remains strong and resilient.”

🟦 Increase/decrease by region

 By region, sales in Taiwan and North America fell sharply, while sales in China grew sharply.

  • Taiwan: Sales fall 66%
  • North America: North America down 33%
  • China: Rapid growth of 2.1 timesimage

🟦 Summary

Amid growing concerns about a slowdown in global demand for semiconductors, the semiconductor manufacturing equipment market fell 2% from the same period last year to $26.4 billion in the January-March 2024 period.

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