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Semiconductor equipment spending to fall to six-year low in 2009, says iSuppli

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Semiconductor equipment spending to fall to six-year low in 2009, says iSuppli

Following a dismal 2008, global spending on semiconductor manufacturing equipment in 2009 will fall to its lowest level in six years due to weakening conditions in the chip and electronic equipment markets, according to iSuppli. The market research firm anticipates that worldwide capital spending by chip makers on semiconductor manufacturing equipment in 2009 will decline to $35.2 billion, down 17.6% from 2008. This will mark the lowest level of spending since 2003, when semiconductor capital spending amounted to $33.8 billion.

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