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Semiconductor Dielectric Etching Equipment Market to Grow by USD 2.02 Billion from 2024-2028, Driven by Consumer Electronics Demand and AI-Powered Market Evolution- Technavio

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NEW YORK, Oct. 24, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The Global Semiconductor Dielectric Etching Equipment Market  size is estimated to grow by USD 2.02 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  10.67%  during the forecast period. Rising demand for consumer electronics is driving market growth, with a trend towards integration of AI and ML into semiconductor dielectric etching equipment. However, high cost and maintenance requirements of semiconductor dielectric etching equipment  poses a challenge.Key market players include Advanced Micro Fabrication Equipment Inc, AlixLabs AB, Applied Materials Inc., EV Group, Giga Lane Co. Ltd., Hitachi Ltd., KLA Corp., Lam Research Corp., Mattson Technology Inc., Oxford Instruments plc, Panasonic Holdings Corp., Plasma Etch Inc, PLASMA THERM, Samco Inc, Shibaura Mechatronics Corp, SHINKO SEIKI CO LTD., Suzhou Delphi Laser Co. Ltd., Tokyo Electron Ltd., Trion Technology Inc., and ULVAC Inc..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Type (Dry etching systems and Wet etching systems), Application (Front-end process and Back-end process), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

Advanced Micro Fabrication Equipment Inc, AlixLabs AB, Applied Materials Inc., EV Group, Giga Lane Co. Ltd., Hitachi Ltd., KLA Corp., Lam Research Corp., Mattson Technology Inc., Oxford Instruments plc, Panasonic Holdings Corp., Plasma Etch Inc, PLASMA THERM, Samco Inc, Shibaura Mechatronics Corp, SHINKO SEIKI CO LTD., Suzhou Delphi Laser Co. Ltd., Tokyo Electron Ltd., Trion Technology Inc., and ULVAC Inc.

Key Market Trends Fueling Growth

The integration of Artificial Intelligence (AI) and Machine Learning (ML) technologies into semiconductor dielectric etching equipment is revolutionizing the global semiconductor dielectric etching equipment market. AI and ML are being employed to enhance operational efficiency, process control, and overall performance. In process optimization and control, AI algorithms and ML models analyze real-time data to identify patterns, predict outcomes, and optimize etching parameters, enabling dynamic process adjustments. AI-driven systems also offer predictive maintenance and fault detection capabilities, minimizing unplanned downtime, prolonging equipment lifespan, and optimizing resource utilization. Advanced process control is achieved through AI-enabled systems that adaptively adjust process parameters based on feedback from sensors, metrology data, and historical process knowledge. AI and ML support advanced analytics and data-driven decision-making, uncovering insights, optimizing process recipes, and guiding process development for continuous improvement in manufacturing performance and product quality. These factors are expected to increase the adoption of semiconductor dielectric etching equipment, positively impacting market growth. 

The Semiconductor Dielectric Etching Equipment market is witnessing significant growth due to the increasing demand for electronic devices, IoT devices, electric vehicles, and high-tech sectors. This trend is driven by the miniaturization of semiconductor nodes and the need for smaller transistor sizes in integrated circuits. Low-density etch equipment, such as wet etching and dry etching equipment, are in high demand for conductor etching, polysilicon etching, and dielectric etching. Dielectric substances like silicon oxide and silicon nitride are commonly used in these processes. Key applications include MEMS sensors, power devices, and electronic devices. Automation and environmental regulations are major factors driving the market. High-aspect ratio etching is essential for deep trenches and large cavities in precision operations. Wet etching equipment is commonly used for carbon monoxide-based etching, while dry etching equipment is preferred for high-aspect ratio etching. The market is expected to continue growing due to the demand for energy-efficient devices, flat panel displays, NAND flash memory, and the increasing popularity of smart devices. 

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Market Challenges

The global semiconductor dielectric etching equipment market is experiencing challenges due to the high costs and maintenance requirements of advanced etching systems. These expenses impact semiconductor manufacturers in several ways. The substantial investment needed to purchase state-of-the-art equipment can be a barrier to entry for smaller players and emerging markets. The average cost of such equipment ranges from USD50,000 to USD2 million, depending on the specifications. Operating costs, including energy consumption, consumables, and maintenance expenses, can add significant overheads. The average annual maintenance cost for semiconductor dielectric etching equipment ranges from USD15,000 to USD30,000. High maintenance requirements can lead to operational downtimes and production interruptions, affecting manufacturing efficiency and throughput. These factors may negatively impact the growth of the global semiconductor dielectric etching equipment market during the forecast period.The Semiconductor Dielectric Etching Equipment market is experiencing significant growth due to the increasing demand for smart devices and advanced technologies like 5G, IoT, and autonomous vehicles. Dielectric substances such as silicon oxide and silicon nitride play a crucial role in semiconductor fabrication, particularly in the etching process. However, challenges persist in creating precision operations for high aspect ratio structures like deep trenches and large cavities. Industrial automation and advanced technologies like machine learning and artificial intelligence are being adopted to improve etching process efficiency. The market includes dry etching equipment, which uses plasma to etch materials, and carbon monoxide as a etching gas. Foundries and Integrated Device Manufacturers (IDMs) are investing in high-density etch equipment to meet the demands of miniaturization in DRAM chips, 3D NAND, MIM capacitors, and 3D stacking technology. Manufacturing complexity and semiconductor shortages are pressing issues, with fabrication plants and wafer production facilities requiring clean room amenities and increased foundry capacity. Conductor etching equipment and selective etch products are also in high demand for advanced logic and memory semiconductor solutions. The market is expected to continue growing, driven by the increasing use of semiconductors in flat panel displays, NAND flash memory, and the automotive industry.

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Segment Overview 

This semiconductor dielectric etching equipment market report extensively covers market segmentation by

Type 1.1 Dry etching systems1.2 Wet etching systemsApplication 2.1 Front-end process2.2 Back-end processGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Dry etching systems-  The semiconductor dielectric etching equipment market is experiencing steady growth due to increasing demand for advanced semiconductor devices. Companies in this sector invest in innovative technologies to improve productivity and reduce production costs. Dielectric etching equipment is essential for creating intricate patterns on semiconductor wafers, enhancing device performance and miniaturization. Market leaders focus on research and development to offer high-performance, cost-effective solutions to meet customer requirements.

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Research Analysis

The semiconductor dielectric etching equipment market is driven by the growing demand for smart devices and advanced electronic components in various high-tech sectors, including telecommunications, automotive, and consumer electronics. Dielectric substances such as silicon oxide and silicon nitride play a crucial role in semiconductor fabrication, particularly during the etching process, which involves using dry etching equipment and photoresist masks to create intricate patterns on wafers. The etching process is essential for creating high aspect ratio features, which are necessary for manufacturing smaller transistors at advanced semiconductor nodes. The increasing complexity of manufacturing processes, driven by the development of AI, 5G, IoT, and electric vehicles, is leading to a higher demand for advanced etching equipment. Environmental regulations and the need for automation are also significant factors influencing the market. Wet etching equipment is another important technology used in semiconductor manufacturing, but dry etching is gaining popularity due to its ability to create more precise and uniform patterns. The semiconductor industry’s ongoing quest for miniaturization and increased functionality is expected to drive the growth of the dielectric etching equipment market in the coming years.

Market Research Overview

The semiconductor dielectric etching equipment market is witnessing significant growth due to the increasing demand for smart devices and advanced technologies such as 5G, IoT, and autonomous vehicles. Dielectric substances like silicon oxide and silicon nitride play a crucial role in semiconductor fabrication, requiring precise etching processes using dry etching equipment. These processes involve the use of gases like carbon monoxide to create high aspect ratio structures, deep trenches, and large cavities. Industrial automation, machine learning, and artificial intelligence are also driving the market, enabling precision operations and increasing foundry capacity. The market caters to various industries, including flat panel display, NAND flash memory, and foundries, among others. The market is also impacted by manufacturing complexity, semiconductor shortages, and environmental regulations. Conductor etching equipment, selective etch products, and polysilicon etching are some of the key segments of the market, catering to the needs of advanced logic, memory semiconductor solutions, MEMS, sensors, power devices, and electronic devices. The market is expected to continue growing due to the increasing demand for energy-efficient devices, miniaturization, and the development of new technologies like 3D NAND, MIM capacitors, and 3D stacking technology.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeDry Etching SystemsWet Etching SystemsApplicationFront-end ProcessBack-end ProcessGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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WSPN Names Austin Campbell CEO of WSPN US to Drive Stablecoin Innovation and Expansion

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SINGAPORE, Oct. 25, 2024 /PRNewswire/ — Worldwide Stablecoin Payment Network (“WSPN”), a leading digital payments and the issuer of Worldwide USD (“WUSD”), today announced the appointment of Austin Campbell as CEO of WSPN US. Mr. Campbell brings extensive experience in stablecoin markets and digital asset strategy to his new role, including running stable value products at JPM and Citi, managing reserves and risk for the Paxos stablecoins (BUSD, USDP), and having helped to design PYUSD. This appointment signals WSPN’s commitment to building first class financial products and revolutionizing the world of payments with its “Stablecoin 2.0” vision to deliver faster, cheaper, and safer transactions for all.

Building on his significant contributions as Head of Strategy, where he was instrumental in shaping WSPN’s strategic roadmap and identifying new market opportunities for WUSD, Mr. Campbell will now lead the effort in bringing this vision to the US market and beyond. His primary focus will be on:

Driving the adoption of WUSD: Leveraging his deep understanding of the stablecoin ecosystem, Mr. Campbell will lead initiatives to establish WUSD as a leading solution for businesses globally.Leading treasury and risk management: Mr. Campbell will leverage his expertise to ensure the stability and security of WUSD, building trust and confidence among users and partners on a global scale.Building a world-class user experience: Mr. Campbell will oversee the development of user-friendly products and services that simplify the use of stablecoins for everyday transactions, regardless of location.Fostering strategic partnerships: Mr. Campbell will cultivate relationships with key players in the financial and technology sectors worldwide to expand WUSD’s reach and impact.

“I am incredibly excited to become the CEO of WSPN US,” said Mr. Campbell. “Stablecoins are key to improving the global financial system. We intend to build the best products for consumers and end users, creating a fair system where people control their own money and have global access to dollars. Our goal is to bring world-class user experience to stablecoins, where many users making payments in dollars won’t even have to think about the fact that they’re using blockchain technology. With WSPN, we’re committed to building a better economic model that fosters a virtuous cycle of adoption, benefiting the entire ecosystem.”

Prior to joining WSPN, Mr. Campbell was the founder and managing partner at Zero Knowledge Consulting, advising on market structure and risk management within the crypto ecosystem. Additionally, he is also an adjunct professor at New York University Stern School of Business, educating the next generation of Web3 leaders. His previous experience, including Paxos, Citi, and JP Morgan, coupled with his thought leadership in stablecoin mechanics, uniquely positions him to lead WSPN US towards a future powered by accessible and equitable financial solutions.

“Austin’s expertise and vision have been instrumental in shaping WSPN’s strategic direction,” said Raymond Yuan, Founder and CEO of WSPN. “We are confident that under his leadership, WSPN US will play a crucial role in driving the mass adoption of stablecoins and transforming the financial landscape for the better.”

****END****

About WSPN

WSPN is a leading provider of next-generation stablecoin infrastructure, committed to building a more secure, efficient, and transparent payment solution for the global economy. Their flagship product, WUSD stablecoin, is pegged 1:1 to the U.S. Dollar and aims to optimize secure digital payments for Web3 users.  WSPN ‘s Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread stablecoin adoption.

Learn more: www.wspn.io | X | LinkedIn

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Xinhua Silk Road: Xiaoshan District in E. China’s Hangzhou beefs up efforts on high-quality development amid modernization drive

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BEIJING, Oct. 24, 2024 /CNW/ — Xiaoshan District in Hangzhou of east China’s Zhejiang Province has been constantly fostering industrial development and urbanization by focusing on innovation and cultivating new quality productive forces in recent years, aiming to achieve new results in high-quality development.

Currently, the district is striving to promote high-quality manufacturing development through digitization, with the Vision Valley of China as the core growth pole which is focusing on developing four iconic industrial chains of autonomous driving, industrial vision, medical imaging, and intelligent living and office.

Xiaoshan also implements the “AI plus new manufacturing” campaign this year, deploying 2300P advanced computing power centered around Turing Town, a computer technology and AI industrial agglomeration zone, and launching 50 million yuan of “computing vouchers” to provide subsidies of up to 2 million yuan to individual entities purchasing computing resource, so as to encourage enterprises to carry out more AI projects in the district.

It targets to cultivate more than five influential vertical application models, form 10 demonstration application scenarios, cultivate 20 high-value key products, attract 30 highly-competitive AI enterprises, and achieve an AI application penetration rate of over 30 percent for large-scale manufacturing enterprises by 2025.

The district also puts emphasis on showcasing its 8,000-year culture through technological means to maintain cultural confidence and vitality amid the modernization drive. In the Kuahuqiao Site Museum in Xiaoshan, multimedia interactive display, canoe simulation control, touchscreen games, and other high-tech methods are applied to allow visitors to experience the profound cultural heritage of the Kuahuqiao culture through interaction.

Driven by the wave of digitization and intelligence, the district is also advancing the modernization of social governance at a faster speed with digital means. Entering the command hall of the Xiaoshan social governance center, a huge digital screen comes into view, and 477 urban physical indicators are monitored in real time through an intelligent governance system, covering six major areas of urban safety, urban environment, and public services, etc.

Original link: https://en.imsilkroad.com/p/342777.html

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SOURCE Xinhua Silk Road

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HiConf Seoul 2024 successfully wraps up, sparks up discussions for future of food tech and international partnerships

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Global food tech experts gathered to share innovative ideas, discuss market insights, and explore development potentialAbu Dhabi-based investment firm HITI partners with Dongwha Pharmaceutical to manufacture and distribute cognitive enhancement ingredients in the Middle EastHITI joins Korea Food Tech Council to reinforce support for Korean market’s global expansion

SEOUL, South Korea, Oct. 25, 2024 /PRNewswire/ — The HiConf Organization Committee announced at HiConf that HiConf Seoul 2024 successfully wrapped up in Seoul, Korea. HiConf 2024, the first of its kind in Korea, was designed to serve as a platform for cutting-edge food tech innovations with the goal of establishing a more sustainable food system.

This year’s event was attended by global pioneers and leaders in food tech, including Governor Kim Gwan-young of Jeonbuk Special Self-Governing Province, Professor Ki-won Lee, Chairman of the Korean Food Tech Council, CJ CheilJedang CTO Dr. Gregory Yep and Shinsegae Food CEO Alex Song, and filled with robust discussions on the latest and up-and-coming innovations, market outlook, and new opportunities in the global food tech industry.

40 high caliber speakers from all over the world gave insightful presentations to attending industry professionals on topics such as the Global Perspective on Bioeconomy; Transforming Health with Sweet Proteins; Probiotics that Improve Cognitive Function and many more. The event also highlighted South Korea’s growing role as a food tech leader, leveraging its strong expertise in science and AI to drive advancements in sustainable food solutions. In addition, HiConf 2024 opened its stages to five food tech startups from around the world to pitch to potential Korean and international investors.

“HiConf brings together the brightest minds from around the world to share big ideas, overcome challenges, and build new opportunities together. There is no better place than South Korea, with its strong expertise in food technologies, to exchange scientific and business best practices,” said Raymund Scheffler, Chairman of the Organization Committee of HiConf.

Meanwhile, Abu Dhabi-based food tech investment firm HITI and Korean pharmaceutical manufacturer Dongwha Pharm signed a memorandum of understanding (MoU) to collaborate on the manufacturing and distribution of innovative biological functional ingestible ingredients. This MoU will set the stage for both companies to cooperate in delivering functional ingredients aimed at improving human cognitive abilities and ensuring healthy longevity in the Middle East and beyond.

Additionally, HITI joined the Korea Food Tech Council (KFTC), a pioneering collaboration between academia, industry, and government to advance the food technology sector in Korea. The council, which was co-founded by Professor Lee Ki-won of the Food Tech Department at Seoul National University in 2022, seeks to build a sustainable and innovative ecosystem that addresses global food challenges. Through this membership, HITI aims to support technological research within the Korean food tech industry and promote collaboration among young entrepreneurs.

“We are pleased to welcome HITI as a partner in our efforts to solve the pressing food issues facing humanity while building viable business models,” said Professor Lee Ki-won, Co-Founder and Chairman of KFTC, and added that “HITI’s global expertise will be a valuable asset in creating a healthier future.”

The first-ever HiConf took place in Dubai in February 2024, with over 500 executives from international biotech, plant-based, and cultured-food businesses, as well as investors and food brands, in attendance. The next HiConf will also be held in Abu Dhabi in February 2025.

About HiConf

HiConf is a global platform for cutting-edge alternative protein technologies and food tech innovations with the goal of establishing a more sustainable food system. Driving both economic growth and sustainable development in the food tech industry, HiConf is a hub for groundbreaking discussions with global leaders and pioneers in the food tech industry. For more information on HiConf, please visit https://www.hiconf.ae/.

About Healthy Innovations Technology Investment (HITI)

HITI is an Abu Dhabi-based investment fund dedicated to advancing future technologies that contribute to creating a healthier world for the global population. The company’s philosophy is rooted in the belief that sustainable innovations are essential to addressing our planet’s challenges. For more information on HiTi, please visit https://www.hiti.ae/.

Media Inquiries:

Edelman Korea
Kiyoon Kay, Kiyoon.Kay@edelman.com
Christine Lee, Christine.Lee@edelman.com
Yunhae Na, Yunhae.Na@edelman.com

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SOURCE HiConf Seoul 2024

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