WFE sales surged 18% in 2020, hitting a record $64B

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    2020 was a year to remember in Wafer Fab Equipment. COVID-19 created supply chain shocks but it also accelerated the digital transformation of the economy, driving WFE demand to record levels. China and Foundries drove the demand in 1H20 followed by Memory in 2H20. Overall, WFE sales surged 18% to a record of $64B. Top 5 (AMAT, ASML, LAM, TEL, and KLA) suppliers performed extremely well in 2020. Out of mid-tier companies, ASMI, Kokusai, and Canon recorded strong growth. .

    WFE sales surged 18% in 2020, hitting a record $64B

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