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300mm fab equipment spending forecast to rise to record levels by 2027: SEMI report

Canadian Manufacturing

MILPITAS — Global 300mm fab equipment spending for front-end facilities is forecasted to reach a record US$137 billion in 2027 after topping US$100 billion for the first time by 2025 on the strength of the memory market recovery and strong demand for high-performance computing and automotive applications, SEMI highlighted on Mar.

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Automotive still Britain’s number one exporter of goods despite year of renewal

SMMT

Growth is expected to return once new models come on stream, with car and light van production forecast to head back above one million units in 2027 and with the potential to surpass 1.3 In the year to date, a 6.5% rise in output for the UK was not enough to offset a -14.4% to 592,862 units, since January. million by 2030. million by 2030.

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UK Automotive needs an aerodynamic approach amid election headwinds

SMMT

Last year’s £20 billion investment in UK Automotive’s net zero transition, from Cowley and Coventry to Ellesmere Port and Sunderland, helped reset the narrative for global automotive investment in Britain – and our collective mission in 2024 is to ensure these commitments generate just returns.

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Semiconductor industry to invest $400B in 300mm Fab Equipment in 3 yrs: SEMI

Canadian Manufacturing

Global 300mm Fab Equipment Spending to 2027 MILPITAS — Global spending on 300mm fab equipment is expected to reach US$400 billion from 2025 to 2027, SEMI highlighted in its quarterly 300mm Fab Outlook Report to 2027 report. billion in 2027. billion in 2024, and further increase by 24 per cent to US$123.2

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Five minutes with… Matthias Zink, CEO Automotive Technologies at Schaeffler AG

SMMT

The trend towards highly automated driving is gathering pace, with several vehicle manufacturers planning to start production of highly automated (Level 4) commercial vehicles by as soon as 2027. This technology is sorely needed because of the growing worldwide shortage of drivers.

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Recycled Materials for Mobility Market Valued at $3.9 billion by 2027

Plastics Today

Report cites automotive fabrics, splash guards, radiator shrouds, and dashboards as key applications.

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Remove the remaining roadblocks and automotive will thrive

SMMT

As the season’s festivities get underway, some outstanding issues remain before the automotive industry can call time on 2023. Last week we took a collective breath as the European Commission proposed to extend the current EU-UK trade rules governing EVs and batteries to 2027.