Taiwan Once Again World's Largest Semiconductor Equipment Market

According to data from SEMI, a global industry association that serves the electronics industry supply chain, Taiwan's Q3 saw semiconductor equipment purchases rise 21 percent compared to the previous quarter and was measured at US$3.9 billion, making it the world's largest semiconductor equipment market.

Taiwan Semiconductor Manufacturing Co., is currently the world's largest contract chip-maker with more than 50 percent share in the global market. They recently initiated an aggressive expansion of capacity and development of new processes.

Having an estimated capital expenditure at between US$14 billion and US$15 billion in 2019, the company has stated it expects to make similar capex in 2020. 

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