Semi Equipment Billings Up 24% YoY in October
MILPITAS, CA — The 90-day moving average sales among North America-based semiconductor equipment manufacturers was $2.02 billion worldwide in October.
Billings were down 1.8% from the final September level of $2.05 billion, SEMI said. Billings were up 23.7% from October 2016.
“Equipment billings dipped in October, the fourth consecutive monthly decline during this record spending year," said Ajit Manocha, president and CEO of SEMI. “In spite of this seasonal weakness, we expect equipment spending to increase by 30 percent or more this year and are positive about growth in 2018."
|
|
Billings |
YoY |
|
May 2017 |
$2,270.5 |
41.8% |
|
June 2017 |
$2,300.3 |
34.1% |
|
July 2017 |
$2,269.7 |
32.9% |
|
August 2017 |
$2,181.8 |
27.7% |
|
September 2017 (final) |
$2,054.8 |
37.6% |
|
October 2017 (prelim) |
$2,017.0 |
23.7% |
Source: SEMI (www.semi.org), November 2017
