​Taiwan forecast to become top world market for semiconductor equipment

Taipei, July 11 (CNA) Taiwan is expected to overtake South Korea as the largest semiconductor equipment market, with estimated purchases of over US$12 billion this year, according to SEMI, a global industry association of semiconductor equipment and material suppliers.

Due to slow growth of the industry, global semiconductor equipment sales are likely to fall this year by an annual 18.4 percent to US$52.7 billion, SEMI said.

Only the Taiwanese and North American markets are expected to see growth, while those in South Korea, China, Japan and Europe may slide, the association said.

Read More: Focus Taiwan