Core Viewpoint - The SEMICON China 2025 event is set to take place in Shanghai, showcasing the growth and significance of the semiconductor industry, with expectations of substantial market recovery and growth in the coming years [1][2]. Group 1: Event Overview - SEMICON China 2025 will open on March 26 at the Shanghai New International Expo Center, featuring an exhibition area of 100,000 square meters, 1,400 exhibitors, and 5,000 booths [1][6]. - The event aims to facilitate product displays, technical exchanges, and trade cooperation across the entire semiconductor industry chain, which includes design, manufacturing, packaging, equipment, materials, photovoltaics, and displays [1][6]. Group 2: Market Growth Projections - Despite a downturn in the semiconductor market in 2023, a recovery is expected in 2024, with global semiconductor industry growth projected to exceed double digits by 2025, reaching a market size of $1 trillion by 2030, with a CAGR of 10% from 2023 to 2030 [2]. - The Chinese wafer fabrication equipment (WFE) market is anticipated to reach $101 billion in 2024 and grow to approximately $108 billion in 2025, with a further acceleration to $122.6 billion by 2026 [2]. Group 3: Segment Insights - In 2024, spending on foundry and logic equipment is expected to remain stable, while DRAM equipment spending is projected to surge by 35% to $19 billion, with a further 10% increase to $21 billion in 2025 due to capacity expansion and HBM investments [3]. - NAND equipment sales are expected to remain weak in 2024 but are forecasted to grow significantly by 48% to $14 billion in 2025 [3]. Group 4: Talent and Sustainability Initiatives - The semiconductor industry faces a talent shortage, and SEMI China is actively promoting talent attraction and retention through initiatives like the SEMI U learning platform, aimed at bridging the talent gap in the global semiconductor industry [3]. - SEMI is also committed to sustainability, with initiatives like the SEMI Forest project, which has planted over 120,000 trees globally, contributing significantly to environmental responsibility [4].