Lithography market to grow only 5.8%

Growth in the lithography sector was reduced to 5.8%, as memory companies can’t justify spending $35 mln for a wet DUV tool when they are struggling with sharp price declines and excess capacity. The semiconductor market will also rebound from 1.9% growth in 2007 to 10.4% growth in 2008. Coupled with a stronger global economy and higher selling prices of memory chips, semiconductor manufactures will purchase additional equipment to the tune of 22% growth in 2008, The Information Network reports.