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Global Semiconductor Equipment Billings Surged to $117 Billion in 2024, SEMI Reports

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MILPITAS, Calif., April 9, 2025 /CNW/ — Worldwide sales of semiconductor manufacturing equipment increased 10% to $117.1 billion in 2024 from $106.3 billion in 2023, SEMI, the industry association representing the global electronics design and manufacturing supply chain, reported today. The data is now available in the Worldwide Semiconductor Equipment Market Statistics (WWSEMS) report.

In 2024, the global front-end semiconductor equipment market experienced notable growth, with sales of wafer processing equipment increasing by 9% and other front-end segments rising by 5%. This growth was largely fueled by heightened investments in expanding capacity for both leading-edge and mature logic, advanced packaging, and high-bandwidth memory (HBM), alongside a significant rise in investments from China.

The back-end equipment segment, after two consecutive years of decline, saw a robust recovery in 2024, driven by the increasing complexity and demands of AI and HBM manufacturing. Assembly and packaging equipment sales increased by 25%, while test equipment billings rose by 20% year-over-year, reflecting the industry’s push toward supporting advanced technologies.

“The global semiconductor equipment market surged by 10% in 2024, rebounding from a slight dip in 2023 to reach an all-time high of $117 billion in annual sales,” said Ajit Manocha, SEMI President and CEO. “Industry spending on chipmaking equipment in 2024 reflects a dynamic landscape shaped by regional investment trends, technological advancements in logic and memory, and the rising demand for chips related to AI-driven applications.”

Regionally, China, Korea, and Taiwan remained the top three markets for semiconductor equipment spending, collectively accounting for 74% of the global market. China solidified its position as the largest semiconductor equipment market, with investments surging 35% year-over-year to $49.6 billion, driven by aggressive capacity expansion and government-backed initiatives aimed at bolstering domestic chip production. Korea, the second-largest market, saw a modest 3% increase in equipment spending, reaching $20.5 billion, as memory markets stabilized and demand for high-bandwidth memory soared. In contrast, Taiwan experienced a 16% decline in equipment sales, falling to $16.6 billion, reflecting a slowdown in demand for new capacity.

Elsewhere, North America recorded a 14% rise in semiconductor equipment investments, reaching $13.7 billion, driven by increased focus on domestic manufacturing and advanced technology nodes. The Rest of the World saw a 15% increase, with billings at $4.2 billion, supported by emerging markets ramping up chip production. However, Europe faced a significant 25% decline in equipment spending, falling to $4.9 billion, due to weakened demand in the automotive and industrial sectors amid economic challenges. Japan also saw a slight 1% dip, with sales at $7.8 billion, as the region grappled with slower growth in key end markets.

Compiled from data submitted by members of SEMI and the Semiconductor Equipment Association of Japan (SEAJ), the WWSEMS report is a summary of the monthly billings figures for the global semiconductor equipment industry.

The SEMI Equipment Market Data Subscription (EMDS) provides comprehensive market data for the global semiconductor equipment market. The subscription includes three reports:

Monthly SEMI Billings Report, a perspective on equipment market trendsMonthly Worldwide Semiconductor Equipment Market Statistics (WWSEMS), a detailed report of semiconductor equipment billings for seven regions and 24 market segmentsSEMI Semiconductor Equipment Forecast, an outlook for the semiconductor equipment market

Download a sample of the EMDS report.

For more information about the report or to subscribe, please contact the SEMI Market Intelligence Team at mktstats@semi.org. More details are also available on the SEMI Market Data webpage.  

About SEMI

SEMI® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON® expositions and events, technology communities, standards and market intelligence help advance our members’ business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more.

Association Contact
Sherrie Gutierrez/SEMI
Phone: 1.831.889.3800
Email: sgutierrez@semi.org

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SOURCE SEMI

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KORE, Robo, Ericsson, and Winnebago Redefine the Open Road with Winnebago Connect™

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A Seamless, Smarter RV Experience Powered by IoT Innovation 

ATLANTA, May 12, 2025 /PRNewswire/ — KORE, a global leader in Internet of Things (“IoT”) Solutions and IoT Connectivity provider, has collaborated with Winnebago and Robo to unveil Winnebago Connect™, a groundbreaking platform that transforms the recreational vehicle (RV) experience through advanced connectivity, intelligent automation and intuitive design.

Powered by KORE, Robo, and Ericsson Enterprise Wireless Solutions, Winnebago Connect integrates cutting-edge technologies to deliver a seamless intelligent RV platform. KORE’s managed IoT services provide the global connectivity backbone, ensuring reliable access no matter the destination. Robo delivers the software platform that powers the intuitive user interface and intelligent features, while Ericsson contributes high-performance network solutions with dual-carrier Wi-Fi and edge computing.

Together, these innovations create an unparalleled ecosystem that empowers RV owners to travel smarter, safer and with greater convenience.

“Our work with Winnebago and Robo showcases the potential of IoT to revolutionize industries and enable people to explore the world,” said Ron Totton, KORE President and CEO. “Winnebago Connect is more than a product, it is a complete ecosystem that empowers RV owners to travel with confidence and convenience. We cannot wait to see where Winnebago Connect takes RV owners.”

Winnebago Connect is designed to simplify RV ownership and enhance the travel experience. Its smart notifications and GPS tracking features, powered by software developed by Robo, keep RV owners informed about their vehicle’s location and provide real-time alerts to enhance safety and convenience. Remote climate control capabilities allow travelers to adjust their cabin’s temperature from anywhere, ensuring comfort for both passengers and pets. Smart energy management optimizes off-grid power usage through intelligent monitoring and automation, enabling extended boondocking adventures. Ericsson’s industry-leading Cradlepoint routers power the always-on connectivity of Winnebago Connect.

“With Winnebago Connect, we are redefining what it means to explore the open road,” said Michael Happe, Winnebago President and CEO. “This platform combines the expertise of Winnebago with Robo’s intelligent software and KORE’s connectivity to deliver a fully integrated and scalable solution that meets the evolving needs of our customers.”

About KORE
KORE is a pioneer, leader, and trusted advisor delivering mission critical IoT solutions and services. We empower organizations of all sizes to improve operational and business results by simplifying the complexity of IoT. Our deep IoT knowledge and experience, global reach, purpose-built solutions, and deployment agility accelerate and materially impact our customers’ business outcomes. For more information, visit Korewireless.com

About Robo
Robo is a technology company that specializes in intelligent, user-centric software solutions for connected experiences. Focused on bridging the gap between smart devices and everyday life, Robo develops flexible, scalable platforms that bring automation, control, and personalization to a wide range of industries – from RVs to smart homes. For more information, visit Robo.us.

About Ericsson
Ericsson’s enterprise wireless solutions enable organizations to innovate, operate, and grow anywhere – without constraints. Ericsson NetCloud, Cradlepoint routers, and Enterprise 5G solutions provide the flexibility of public and private 5G, with the zero-trust security of simplified SASE. Visit Cradlepoint.com to learn more.

About Winnebago
Winnebago Industries, Inc. is a leading North American manufacturer of outdoor lifestyle products under the Winnebago, Grand Design, Chris-Craft, Newmar and Barletta brands, which are used primarily in leisure travel and outdoor recreation activities. The Company builds high-quality motorhomes, travel trailers, fifth-wheel products, outboard and sterndrive powerboats, pontoons, and commercial community outreach vehicles. Committed to advancing sustainable innovation and leveraging vertical integration in key component areas, Winnebago Industries has multiple facilities in Iowa, Indiana, Minnesota, and Florida. The Company’s common stock is listed on the New York Stock Exchange and traded under the symbol WGO. For access to Winnebago Industries’ investor relations materials visit Winnebago.com.

KORE Media Contact
Stephen Rana
Senior Marketing Manager
Email: sbell@korewireless.com

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SOURCE KORE

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CRTC consults on improving public interest participation in its proceedings

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GATINEAU, QC, May 12, 2025 /CNW/ – Today, the CRTC is launching a public consultation to make it easier to participate in its proceedings.

The CRTC is an independent quasi-judicial tribunal responsible for regulating the Canadian communications sector in the public interest. It encourages people with a diversity of perspectives to participate in its proceedings.

People that represent the public interest can apply for funding to cover some of their costs of participating in proceedings, for example to commission expert research, conduct surveys of Canadians, or receive legal advice. Through this public consultation, the CRTC aims to make funding more predictable and faster by simplifying the application process.  

The CRTC is accepting comments until September 9, 2025. Interested persons can participate by:

filling out the online form;writing to the Secretary General, CRTC, Gatineau, Quebec K1A 0N2;sending a fax to 819-994-0218; orfiling a link to a sign language video using the online form.

All comments will form part of the public record and will inform the CRTC’s decision. 

This consultation follows a number of recent actions the CRTC has taken to strengthen engagement, including the creation of an Indigenous Relations Team to better support Indigenous participation and an ongoing review of how the CRTC engages with official language minority communities.

Quick facts

The CRTC is committed to supporting the participation of individuals and groups that represent the public interest in its proceedings, including as part of its regulatory plan to modernize Canada’s broadcasting framework and its Consumer Protections Action Plan.First Nations, Inuit, and Métis peoples and organizations requiring assistance can contact the CRTC’s Indigenous Relations Team.Applications for funding for this proceeding will follow the telecommunications costs process.

Associated links

Regulatory PlanConsumer Protections Action Plan

Stay Connected
Follow us on X @CRTCeng
Like us on Facebook

SOURCE Canadian Radio-television and Telecommunications Commission (CRTC)

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GIBO Launches USDG.net: Ushering in a New Era of Blockchain Payments for AI-Driven Animation

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HONG KONG, May 12, 2025 /PRNewswire/ — GIBO Holdings Ltd. (“GIBO”), Asia’s leading AI-generated content (AIGC) animation streaming platform, proudly announces the kickstart of USDG.net (GIBO Click), a groundbreaking blockchain payment engine designed to revolutionize transactions within GIBO’s ecosystem. This strategic move further solidifies GIBO’s position as a pioneer in AI-powered entertainment, following its successful listing on Nasdaq on May 9, 2025, under the ticker symbols “GIBO” and “GIBOW.”

GIBO has redefined content creation through its AI-powered tools, including voice synthesis, image generation, script writing, storyboard design, and audio-video synchronization. Building on this foundation of USDG.net, GIBO Click will be offering a secure, transparent, and efficient payment system for creators, viewers, and partners within GIBO’s vibrant community.

USDG.net: Empowering Creators Through Blockchain Innovation

USDG.net leverages blockchain technology to optimize payment processes as a key engine embedded to GIBO Click by offering near-instant transactions, reducing fees, and enhancing security through a decentralized ledger system. Key features include:

Seamless Creator Monetization: Content creators can receive payments directly from a global audience in USDG, a stable coin pegged to the U.S. dollar, ensuring stable earnings and protection from cryptocurrency volatility.

Transparency and Trust: Blockchain’s immutable records provide full transparency of transaction history, strengthening trust between users and advertisers.

Cross-Border Payment Efficiency: By eliminating intermediaries, USDG.net delivers a cost-effective payment solution to GIBO creators in regions such as Taiwan, Malaysia, Singapore, India, Bangladesh, Indonesia, Thailand, Vietnam, the Philippines, and Myanmar.

Seamless Integration with GIBO.ai: The payment system is fully integrated with GIBO’s AI-powered platform, allowing creators to monetize content using tools like GIBO Create while reducing production time and costs.

Zelt Kueh, CEO of GIBO Holdings Ltd., stated: “The launch of USDG.net marks a transformative step in empowering our global creator community. By embedding blockchain technology into our payment infrastructure, we’re not only enhancing efficiency but also setting a new standard for how the AI-driven entertainment industry monetizes digital content.”

About GIBO Holdings Limited

GIBO Holdings Limited operates GIBO.ai, an AI-generated content (AIGC) platform that revolutionizes animation and storytelling. It offers a comprehensive ecosystem for content creators, including tools for voice synthesis, image generation, and monetization. It supports creators from concept development to content distribution, with a strong focus on AI-driven animation.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding projections, estimates and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, the Company’s ability to scale and grow its business, the Company’s advantages and expected growth, the Company’s ability to source and retain talent, and the Company’s cash position following closing of the Business Combination, as applicable. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the Company’s management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause the Company’s actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Although the Company believes that it has a reasonable basis for each forward-looking statement contained in this press release, the Company cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. The forward-looking statements in this press release represent the views of the Company as of the date of this press release. Subsequent events and developments may cause those views to change. Except as may be required by law, the Company does not undertake any duty to update these forward-looking statements.

Contact Information

Investor Relations:
Bill Zima
ICR, Inc.
William.zima@icrinc.com 

Media Relations:
Edmond Lococo
ICR, Inc.
Edmond.Lococo@icrinc.com 

 

 

View original content:https://www.prnewswire.com/news-releases/gibo-launches-usdgnet-ushering-in-a-new-era-of-blockchain-payments-for-ai-driven-animation-302452618.html

SOURCE GIBO Holdings Ltd.

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