Following the strong growth of 2017, 2018 is set to be another record-setting year for the semiconductor industry. Equipment spending for 2018 spending is now on track to surpass 2017 though we expect some slowdown in the second half of the year. Market outlook for 2019 remains solid driven by leading-edge logic and memory investment. Also, as applications for advanced devices and advanced packages grows, the semiconductor materials market will expand as well. The presentation will provide the latest forecasts from SEMI for fab investment, capacity trend, equipment, and materials spending, including updated information specific to packaging materials.