Dec. 16, 2022 /SemiMedia/ -- According to SEMI’s latest report, The worldwide semiconductor industry is projected to invest more than $500 billion in 84 volume chipmaking facilities starting construction from 2021 to 2023. The growth forecast includes a record high 33 new semiconductor manufacturing facilities starting construction this year and 28 more in 2023.

SEMI: 84 chip manufacturing facilities will be added worldwide from 2021 to 2023-SemiMedia

“The latest SEMI World Fab Forecast update reflects the increasing strategic importance of semiconductors to countries and a wide array of industries worldwide,” said Ajit Manocha, SEMI president and CEO. “The report underscores the significant impact of government incentives in expanding production capacity and strengthening supply chains. With the bullish long-term outlook for the industry, rising investments in semiconductor manufacturing are critical to laying the groundwork for secular growth driven by a diverse range of emerging applications.”  

In terms of region and quantity, it is expected that there will be 20 fabs/production lines in Chinese Mainland; 18 new fabs/production lines in the Americas; 17 new fabs in Europe/Middle East; 14 new fabs/production lines in Taiwan region; 6 new fabs/lines in Japan and Southeast Asia; 3 new fabs/ lines in South Korea.

SEMI pointed out that in these new fabs, the market segments, including automobiles and high-performance computing, will drive the growth of expenditure.