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SEMI: Global Semiconductor Capacity to Reach 30 Million Wafers Per Month by 2024, When 8-inch Wafers are Available

Update time : 2024-01-12 14:32:37

On January 2, 2024, the Semiconductor Industry Association International (SEMI) announced in its latest quarterly World Fab Forecast Report that global semiconductor wafer-per-month (WPM) capacity grew 5.5% year-on-year to 29.6 million wafers in 2023, and is expected to continue to grow by 6.4% in 2024, with monthly production capacity hitting the 30 million-wafers mark (on a 200mm equivalent basis).

The growth in wafer fabrication capacity in 2024 will be driven primarily by capacity growth in leading-edge logic chips, wafer foundry, applications including generative artificial intelligence (AI) and high-performance computing (HPC), as well as a recovery in end demand for chips, the report said. Capacity expansion slows in 2023 due to weak demand in the semiconductor market and resulting inventory adjustments.
SEMI President and CEO Ajit Manocha said: "The recovery in global market demand and increased government incentives have driven a surge in investment in fabs in key chip manufacturing regions, with global semiconductor capacity expected to grow by 6.4% in 2024. The heightened global focus on the strategic importance of semiconductor manufacturing to national and economic security is a key catalyst for these trends."
The World Fab Forecast Report shows that from 2022 to 2024, the global semiconductor industry is scheduled to begin operations on 82 new fabs, including 11 projects in 2023 and 42 projects in 2024, with wafer sizes ranging from 300mm to 100mm.
The World Fab Forecast Report shows that in 2024, the Americas will add six new fabs, with chip capacity growing 6% year-on-year to 3.1 million wafers per month. With four new fabs coming on line, capacity in Europe and the Middle East is expected to grow 3.6% in 2024 to 2.7 million wafers per month. Southeast Asia is poised to increase capacity by 4% in 2024 to 1.7 million wafers per month with the startup of four new fab projects.

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