Taiwan Semiconductor Equipment Growth Strategy

Over the past few years, the semiconductor industry has largely been in a boom phase as global demand for semiconductors has continued to increase due to epidemics, geopolitics and other issues, while driving the expansion of the semiconductor equipment market. According to SEMI's report, global sales of semiconductor manufacturing equipment will total $106.3 billion in 2023, a decrease of 1.3% from $107.6 billion in 2022, but sales of semiconductor manufacturing equipment are expected to rebound in 2024 and hit a new high of $124 billion in 2025, driven by both front-end and back-end manufacturing processes.