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Taiwan to remain the largest semiconductor production buyer in the world for 2020 and 2021

Taiwan is forecast to remain the largest semiconductor production material buyer in the world in 2020 and 2021, reported Central News Agency.

Taiwan's major foundry operators and integrated circuit packaging and testing service providers keen to expand capacity and upgrade technology, global industry association SEMI.

Purchases of semiconductor material by Taiwan are expected to hit US$11.83 billion in 2020, up 3.05 percent from a year earlier, helping the country remain the largest buyer in the world according to Clark Tseng, director of SEMI's Industry Research & Statistics.

Semiconductor material purchases from Taiwan are expected to hit US$12.56 billion, up 6.17 percent for 2021, Tseng added.

Taiwan now houses many integrated circuit makers and IC packaging and testing services suppliers, one of them is Taiwan Semiconductor Manufacturing Co. (TSMC) which is the world's largest pure foundry operator.

China is expected to rank as the second largest semiconductor material market with purchases valued at US$9.34 billion in 2020 and US$10.42 billion in 2021, ahead of South Korea's US$8.54 billion in 2020 and US$9.04 billion in 2021, according to SEMI.


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