Global semicon manufacturing equipment billings up 13% y-o-y in 1Q2020, says SEMI

Global semiconductor manufacturing equipment billings rose 13% year-on-year in the first quarter of 2020 to US$15.57 billion, said the U.S.-based Semiconductor Equipment & Materials International (SEMI).

In a statement on its website June 2 in conjuction with the release of its Worldwide Semiconductor Equipment Market Statistics Report, SEMI however said that the billings contracted 13% quarter-on-quarter in 1Q 2020.

The data are gathered jointly with the Semiconductor Equipment Association of Japan (SEAJ) from over 80 global equipment companies that provide data on a monthly basis.

Source: The Edge Markets