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News Release from: SEMI
Edited by the Electronicstalk Editorial
Team on 28 June 2007
Semiconductor materials growth continues
The global semiconductor materials market is predicted to grow by more than 10% during 2007, and is forecasted to grow another 10% in 2008.
Coming off its third consecutive record breaking year, the global semiconductor materials market is expected to grow over 10% in 2007, and is forecasted to grow another 10% in 2008 according to SEMI's latest materials forecast This growth is being driven by the record amount of semiconductor devices being manufactured and advanced materials consumed in fabricating and packaging those devices
This article was originally published on Electronicstalk on 8 Nov 2004 at 8.00am (UK)
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Growth in 2007 is expected for both the wafer fabrication materials and packaging sectors.
Current estimates predict that the fab materials market will grow about 9% to reach US $24.0 billion, and the packaging materials market will grow over 13% to reach $16.6 billion this year.
On a regional basis, both Japan and Taiwan are anticipated to remain the two largest material-consuming regions followed by the South Korean and Southeast Asian regions.
The materials market in China grew 36% last year as the result of capacity coming online from renewed fab and assembly facility investments and it is expected that wafer fabrication materials will represent a larger portion of materials consumed in this region in the near future.
"Semiconductor unit growth, the 300 mm ramp, and the transition to flip chip packages are driving the revenue growth in the semiconductor materials market", says Dan Tracy, Senior Director of Industry Research and Statistics of SEMI.
"However, higher raw material costs represent a major challenge for both material suppliers and their customers".
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