SEMI ranks Taiwan world's No. 1 chip equipment spe 2015-07-27

Taiwan is expected to grab the title as the largest spender on semiconductor equipment in 2015, according to an estimate released by the trade association Semiconductor Equipment and Materials International (SEMI). SEMI said that Taiwan's chip equipment spending is expected to total US$10.89 billion in 2015, ahead of South Korea's estimated US$8.55 billion and North America's US$6.5 billion. 

Taiwan has the world's largest contract chip maker Taiwan Semiconductor Manufacturing Co. (TSMC, ???) the largest integrated circuit packaging and testing services provider Advanced Semiconductor Engineering Inc. (???) and many other important semiconductor firms. 

In addition, the country has built a semiconductor industry covering a wide range of chip production from upstream to downstream. SEMI said that the top three in the rankings for semiconductor equipment spending for 2016 are expected to remain unchanged. The association forecast that Taiwan's semiconductor equipment spending could reach US$10 billion in 2016. 

SEMI Taiwan said that the local wafer foundry and memory chip segments have been devoted to upgrading their production technology to meet rising global demand for mobile devices and Internet-related gadgets. TSMC is gearing up to develop advanced 10 nanometer and even 7-namometer processes. The chip firm is scheduled to launch commercial production of the 10-nanometer process in the fourth quarter of 2016.