China’s fab equipment spending will grow by about 5% to over $12 billion this year and by 22%, or $15 billion, in 2021.
Taiwan will spend most in 2020 at nearly $14 billion but will drop to third place in 2021 at $13 billion.
In 2020, Korea will be second with growth of 31% to reach $13 billion and then, in 2021, will take the top spot with a 26% increase in spend to $17 billion.
Southeast Asia (mainly Singapore) will grow by 33% to $2.2 billion in 2020 and by 26% in 2021.
