Gartner Reduces Chip CapEx Forecast
Weakness in both the euro and the yen has dragged down the semiconductor equipment spending forecast, according to Gartner. Worldwide semiconductor capital spending is projected to grow 2.5 percent in 2015, to $66.1 billion, down from the 4.1 percent growth predicted in the previous quarter’s forecast.
“Since the previous quarter’s forecast, continued weakness in the euro and yen have created major weaknesses in the overall equipment market picture,” said Bob Johnson, research vice president at Gartner. “With over half of all equipment being produced by either Japanese or European suppliers, the weakness in their currencies has been the primary factor in our reducing our overall outlook for 2015. Longer term, we expect modest growth throughout the semiconductor cycle, with just a pause in the equipment market growth expected in 2016, as DRAM goes through a typical cyclical downturn.”