Fab equipment sales from South Korea reached US$7.31 billion in the first quarter of 2021, according to SEMI.
This was an 118% increase from the US$3.36 billion of the year prior.
It was also an increase of 82% from the previous quarter’s US$4.02 billion.
The surge is likely due to the increased spending from South Korean chip makers Samsung and SK Hynix.
SK Hynix is building its new M16 fab at Icheon. Samsung is also planing more equipment into its Pyeongtaek chip plat.
Meanwhile, China ranked second with US$5.96 billion, an increase of 70% from a year prior.
Taiwan ranked third with US$5.71 billion, an increase of 42% from the same time period a year ago.
The worldwide total for the quarter was US$23.6 billion, an increase of 51% year-on-year.