- Semiconductor industry capital spending will grow 20% this year, according to IC Insights, but could go up to 27% depending on Samsung’s (OTC:SSNNF, OTC:SSNLF) capital outlays.
- Industry spending in 1H was 48% higher than the first half of 2016.
- Spending in 2H will depend on Samsung’s spending outlays since the company represented 25% of total spending in the first half.
- Samsung (KS:005930) spent $11B in outlays for its semiconductor group in the first half, which was only $300M under the total spending last year.
- If Samsung spends $22B in capital outlays this year, the total semiconductor market could reach $85.4B, which would amount to that 27% growth.
- Taiwan Semiconductor Manufacturing (NYSE:TSM) spent $6.8B in capital outlays in 1H and could spend $3.2B in 2H.
- Intel (NASDAQ:INTC) spent $4.7B in 1H and could spend $7.3B in 2H if it sticks to its $12B budget for the year.
- Previously: Semiconductor market data firm raises 2017 revenue estimates (Aug. 23)
- Now read: Intel's Dividend: Do Your Homework
Original article