NA semiconductor equipment billings YoY deficit shrinks further in July; Still down 14.5%
The figures showed that North American-based manufacturers of semiconductor equipment posted $2.03 billion in billings worldwide in July (on a three-month average basis). That figure is up 0.4% from June, and down 14.5% from July 2018’s $2.378 billion. That year-over-year deficit is nearly 50% smaller than in April of this year, when it ballooned to a -28.5% year-over-year comparison.
Monthly billings haven’t been in year-over-year growth territory since October 2018 (+0.5%).
“Demand for semiconductor equipment this year is being driven by leading-edge logic and foundry, though memory segment growth is soft due to weak market sentiment,” said Ajit Manocha, SEMI president and CEO.
Here's how the past 13 months of North American semiconductor billings have fared, according to SEMI:
The SEMI Billings report uses three-month moving averages of worldwide billings for North American-based semiconductor equipment manufacturers. Billings figures are in millions of U.S. dollars.
SEMI publishes a monthly North American billings report and issues the Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report in collaboration with the Semiconductor Equipment Association of Japan. The WWSEMS report currently reports billings by 24 equipment segments and by seven end-market regions.
For more market input on the overall semiconductor market, check out Evaluation Engineering's June 17 post, "Mike’s Blog: Here’s what test vendors are saying about the semiconductor market"
