Because of this, the semiconductor equipment market trails it by about a year in sales changes. The semiconductor industry is capital intensive. With the long lead-time of construction and high equipment cost, it is imperative to make the best equipment decisions so the fab does not become obsolete quickly. This report concentrates on the semiconductor process equipment industry. Suppliers of items such as power supplies for plasma equipment, and photomask manufacturers are not included.
Emphasis is placed on silicon integrated circuit manufacturing.
The analyst has been involved in thin film coating for medical applications for 15 years.