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Sales of chip production equipment to reach $156 billion by 2027 — China, Taiwan, and Korea lead intense demand

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Global sales of semiconductor manufacturing tools are set to climb through at least 2027 due to increasing demand for chips by the AI sector as well as continued growth in China that strives for semiconductor self sufficiency, reports SEMI, an organization that unites different companies across the semiconductor supply chain.

Sales of semiconductor production tools — including wafer fab equipment (WFE), test tools, and assembly and packaging (A&P) equipment — are set to reach around $133 billion in…

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