Five companies account for 64% of capex
Samsung at $13.1bn capex, Intel at $11.2bn, TSMC at $8.3bn, Hynix at $3.7bn and GlobalFoundries at $3.1bn are expected to account for 64% of the $61.4bn in semiconductor capex forecast for 2012, says IC Insights.
Back in 2005, the top 5 companies represented just 40% of total semiconductor industry spending.
Similarly, the top 10 capital spending leaders are now forecast to account for 77% of total industry spending in 2012, a jump of 22 percentage points from 2005 when the top 10 companies represented 55% of spending.
The figures reveal there are fewer suppliers that, on their own, can afford to spend the enormous dollars necessary to build and equip a new fab. As a result, more companies are pursuing the fab-lite or fabless business model and relying on foundries to manufacture their devices.
The $61.4bn capex forecast for 2012 represents a 6% decline from the $65.6bn spent for semiconductor capex in 2011.
Only 6 of 35 leading semiconductor suppliers are forecast to increase their capital expenditure budgets in 2012 compared to 2011, led by Rohm with a 78% increase followed by UMC, 26%; SK Hynix, 16%; TSMC, 13%; Samsung, 11%; and Intel, 4%.