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Q1 Semi Gear Billings Down 2% YoY |
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Written by Chelsey Drysdale
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Thursday, 19 June 2008 |
SAN JOSE – Worldwide semiconductor manufacturing equipment billings reached $10.56 billion in the first quarter, up 7% sequentially, and down 2% year-over-year, according to SEMI.
The association also said worldwide semiconductor equipment bookings were $8.08 billion for the quarter, down 23% year-over-year, and down 11% sequentially.
“While bookings have weakened in the first quarter, overall industry billings remain at levels higher than the end of last year,” said Stanley T. Myers, president and CEO of SEMI. “Some regions, specifically North America, Korea and China, posted strong quarter-over-quarter growth in spite of the conservative capital environment.”
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