MILPITAS, CA – North America-based manufacturers of semiconductor equipment posted $2.09 billion in billings worldwide in September on a 90-day average basis.

The figure is up 1.8% year-over-year and down 6.5% sequentially, according to SEMI, which tracks the data.

“Quarterly global billings of North American equipment suppliers experienced their typical seasonal weakening in the most recent quarter,” said Ajit Manocha, president and CEO of SEMI. "Relative to the third quarter, we expect investment activity to improve for the remainder of the year.”

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