Subdivision Semiconductor Equipment Market

t research firm Gartner released the latestSouth Korean investment rose, Korea Semiconductor
semiconductor equipment market forecasts, in 2010continues to profit, so they continue to invest in
more than doubled, reaching 122%, but the 2011 andDRAM, more technical upgrades, rather than
2012, respectively, increased by only 10% and 7.4%,production capacity.
the speed slowed down significantly.Taiwan has more than enough money. Formosa
However, some companies even more pessimisticPlastics to help in the state, the South Asia / Inotera
view, such as Barclays CJ Muse, its view ofcontinue to invest.
equipment in 2011, up 20% from the original, down toInvestment fell in 2011 a number of aspects;
down 10%, the contrast between great people toLogic circuits, 2011 and 2010 decreased 5%. Because
panic. And 2011 the global semiconductor equipmenton the one hand, under the leadership of Intel's 22nm
will again fall to 250 million. Its reason is the prospectto promote counter-cyclical investment and rising, but
of global economic uncertainty, the technology supplyother logic circuits may be flat or declining plants.
chain, lack of market demand, especially memory andIntel's lithography equipment, which is the key,
OEM markets weakened. Muse believes that thebecause Intel will focus on orders from the past,
future situation with the previous industry hasaccording to Nikon mainly into ASML. Other ways to
experienced a very similar situation, such as thereduce the number of iPad Netbook (online version)
2004-2006 cycle, in 2004, after growth of 60%,of the order, thus affecting the performance of Intel.
followed in 2005 and 2006 has a flat 19% increase.(IPad OEM using Samsung processor)
Using a simple calculation, Muse calculated before theFoundry, 2011 and 2010 decreased 20%.
Road for the manufacturing equipment (WFE) Q3The world's top foundry capacity utilization in Q42010
2010 orders for the 260-340 billion dollars, whichto Q12011 see the seasonal decline. Muse that TSMC
means the order in 2011 WFE soon reach the peak,fabless, such as Nvidia to reduce the influence of
starting from Q4 2010, Q1 2011 will be particularlyorder, so its investment fell 30% in 2011. TSMC CEO
continued to decline.Morris Chang may change investment strategies,
Muse highlighted one thing, the report by the SICASwhich may be affected by the impact of the
data from the market demand, macro view, the firstmacroeconomic environment. Due to the UMC and
half of 2010, only a small amount of capacityXilinx's orders to TSMC, Samsung, the effects of
increase, 0,3%, while production in 2009 declined bydecreased investment. On the other hand, Samsung,
11% reflect the current production capacity is farLSI will continue to increase investment and the
from being restored to the level before 2009. Ininvestment may be small decline GlobalFoundries.
addition, SICAS also proposed, advanced processDRAM 2011 and 2010 decreased 15%.
capacity only increased by nearly 500kwspm (500Because DRAM prices continue to fluctuate until Q1
000 per month), so there is no spare capacity,2011 is still expected seasonal weakness. Especially
especially in size by more and more difficult (ie,the top suppliers such as Samsung, Hynix and Micron
immersion lithography equipment delivery deliverywant a soft landing. As they speed by 4x
delay), which means that the increased investmenttechnology, including 1-2 home DDR3 costs may begin
will continue into 2012. Muse that the key toby breaking one U.S. dollar / Gb. Micron will reduce
promoting the growth of this wave of NAND, andDRAM investment (Nanya / Inotera's capacity
DRAM prices fall as market demand, and smartutilization is not high), but Elpida / Rexchip /
phones and iPad fluctuation on the growth ofPowerchip investment remained at 2010 levels.
demand, but to promote the foundry businessSecond-tier competitors in the DRAM active
growth.investment promotion Samsung will continue to follow
Overall, Muse to see four trends in 2011;up the investment.
OEM's equipment orders increased, which is derivedNAND flash memory in 2011 with investment growth
from the global OEM revived competition, such asin 2010 compared to 19%.
TSMC GlobalFoundries and Samsung want toNAND price fluctuations, Apple's products need more
compete with the high and low.memory, and Samsung is actively building Line 16,
NAND market, rising demand, there are 3-4 majorWFE's investment of 2.5 billion, Toshiba / Sandisk up
NAND flash projects ready for implementation, willto two billion U.S. dollars of the WFE and WFE IM
promote increased investment.Flash's 15 million.