MILPITAS, CA – North America-based manufacturers of semiconductor equipment posted $2.41 billion in billings worldwide in February (three-month average basis), according to SEMI, up 22.2% year-over-year and 1.7% sequentially.

“February billings remain at a level indicating another positive year for semiconductor equipment spending," said Ajit Manocha, president and CEO of SEMI. “We expect 2018 to mark the fourth consecutive year of spending growth, which last occurred in the 1990s."

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