According to the latest report issued by IC Insights, a well-known research institute, global semiconductor capital expenditure this year is estimated to increase 19% to US$181.7 billion, but it has been revised down by 24% from the forecast of US$190.4 billion at the beginning of the year. Although the forecast was revised down, it reached a record high. Research the latest forecasts suggest that after semiconductor capital expenditure reaches a historic peak this year, there is a risk of a 19% recession next year. The annual recession will be the largest since the financial tsunami.