SEMI: in 2024, South Korea is forecast to increase its spending on advanced chipmaking equipment by 41.5% YoY to $21B, versus China’s 2% YoY increase to $16.6B (Sam Kim/Bloomberg)

Sam Kim / Bloomberg:
SEMI: in 2024, South Korea is forecast to increase its spending on advanced chipmaking equipment by 41.5% YoY to $21B, versus China’s 2% YoY increase to $16.6B  —  South Korea is forecast to overtake China in spending on advanced chipmaking equipment next year in a sign of US export controls …