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Semiconductor capital equipment market growing

The global semiconductor capital equipment market is growing at an increasingly speedy rate, a study has revealed.

Research by Gartner has found that spending on these components is due to increase by 45.3 per cent during the next 12 months.

Dean Freeman, research vice president at the analyst, claims that the sector is currently experiencing a surge in sales.

He says: 'Growth will be driven by technology upgrades for the first half of the year. The quarterly growth may see a slight lull … before capacity additions … ramp up the equipment industry into 2011.'

Spending on worldwide packaging and assembly equipment is due to fall by 40.5 per cent this year but increase by 12.3 percentage points more than this in the following 12 months.

Earlier this month, the organisation reported that the worldwide external controller-based disk storage market has contracted by 7.3 per cent in July, August and September.

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