Albany, NY -- (SBWIRE) -- 09/29/2015 -- The semiconductor industry in South Korea has seen a rapid growth due to aggressive promotion policies by the governments and investment by private companies. The semiconductor production equipment market is a vital part of the semiconductor market, with semiconductor chip makers investing about 20% of their revenue in procuring manufacturing equipment. Semiconductor production equipment involves cutting-edge manufacturing technologies, which have short development cycles. This industry has an enormous impact on other industries such as aerospace, defense, precision mechanics, ground vehicles, and medical instruments.
The semiconductor production equipment industry is divided into front-end and back-end process equipment. The front-end process includes cutting-edge technology and integration. It also includes silicon wafer process for manufacturing multiple integrated devices and the designing of electric circuits on the wafers. The back-end process involves chip assembly and test process that includes dicing wafers and testing chips.
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Technavio's analysts forecast the semiconductor production equipment market in South Korea to grow at a CAGR of 13.53% during 2014-2019. Semiconductor Production Equipment Market in South Korea 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its opportunities in the coming years. The report includes a discussion of the key vendors operating in this market.
Key vendors
Advantest
Applied Materials
ASML
KLA-Tencor
Lam Research
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Market driver
Increased demand for smartphones and tablets
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Market challenge
Short life cycle
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Market trend
Increase in wafer size
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