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Thanks to strong demand for mobile communications, the Internet of things, automotive and industrial applications, 8-inch fabs are expected to increase production by 700,000 wafers, or 14 percent, between 2019 and 2022. According to the Global 200mm Fab Outlook released by the international semiconductor industry association (SEMI) recently, due to strong demand for mobile communications, Internet of things, automotive and industrial applications, 8-inch Fab production is expected to increase by 700,000 wafers from 2019 to 2022, an increase of 14%. Given that so many of these applications are finding the sweet spot in 8-inch production, it could boost global 8-inch fabs' capacity to nearly 6.5 million wafers per month over the next few years. Growth in demand for 8-inch wafers has been strong, reflecting solid growth in many sectors of the industry. In 2019 and 2022, for example, MEMS and sensor component-related fabs are expected to increase their production capacity by 25 percent, while power component and wafer foundries are expected to increase by 23 percent and 18 percent, respectively, according to SEMI's global 8-inch fabs outlook. The increase in the number of 8-inch fabs and installed capacity reflects the continued strong performance of the 8-inch industry as the industry continues to increase capacity and even open new fabs.