Page 28 - foxconn preview june 25 051825_1340 hours.indd
P. 28
TAP TIMES -28- JUNE 2025
SEMI reports typical Q1 2025 semiconductor seasonality
MILPITAS, Calif. — According to the IC sales contracted by 2% QoQ but post-
Q1 2025 Semiconductor Manufactu- ed a robust 23% YoY increase, refl ecting
ring Monitor (SMM) Report released ongoing investment in AI and high-per-
by SEMI in collaboration with Tec- formance computing infrastructure.
hInsights, the global semiconductor
manufacturing industry entered 2025 “While the fi rst quarter of 2025 did not
with typical seasonal patterns. see a direct impact from new tariff s on
electronics and IC sales, the uncertainty
However, looming tariff threats and evol- around global trade policies is prompting
ving supply chain strategies are expected some companies to accelerate shipments
to create atypical seasonality for several and others to pause investments,” said
industry segments as the year progresses. Clark Tseng, senior director of market
intelligence at SEMI.
Despite heightened trade policy risks, cur-
rent data for the fi rst quarter of 2025 indi- “This push-pull dynamic could lead to
cate that electronics and integrated circuit atypical seasonality for the remainder of
(IC) sales have not been directly impacted the year as the industry adapts to shif-
by the newly announced tariff s. ting supply chain and tariff landscapes.”
Electronics sales declined 16% quarter- CAPEX declined 7% Q/Q
over-quarter (Q/Q) in Q1 2025 and re- Semiconductor capital expenditures (CA-
mained fl at year-over-year (Y/Y), consis- PEX) declined 7% Q/Q but surged 27%
tent with traditional seasonal patterns. Y/Y, as manufacturers continued to invest
heavily in leading-edge logic, high-ban-
dwidth memory (HBM) and advanced
packaging to support AI-driven applicati-
ons.
Memory-related CAPEX soared 57% Y/Y
in Q1 2025, while non-memory CAPEX
expanded by 15% Y/Y, underscoring the
industry’s focus on innovation and resi-
lience.
Wafer fab equipment (WFE) spending
rose 19% year-over-year in Q1 2025 and
is projected to increase another 12% in
Q2, driven by strong investments in ad-
vanced logic and memory production to
support the rapid adoption of AI semicon-
ductors.
Test equipment billings surged 56% year-
over-year in Q1 and are expected to grow
by 53% in Q2, refl ecting the heightened
next page
