North American Semiconductor Equipment Industry Posts February 2020 Billings

North America-based manufacturers of semiconductor equipment posted $2.37 billion in billings worldwide in February 2020 (three-month average basis), according to the February Equipment Market Data Subscription (EMDS) Billings Report published by SEMI.

The billings figure is 1.2% higher than the final January 2020 level of $2.34 billion and is 26.2% higher than the February 2019 billings level of $1.88 billion.

“February billings of North American equipment suppliers extended a robust uptrend that began in December 2019,” said Ajit Manocha, SEMI president and CEO. “Despite continuing industry disruptions from the global spread of COVID-19, monthly billings for the year still remain above 2019 levels.”

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.