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Billings figure is 6.8% lower than final February 2020 level of $2.37 billion and 20.1% higher than March 2019 billings level of $1.84 billion.
April 24, 2020
By: Anthony Locicero
Copy editor, New York Post
North America-based manufacturers of semiconductor equipment posted $2.21 billion in billings worldwide in March 2020 (three-month average basis), according to the March Equipment Market Data Subscription (EMDS) Billings Report published by SEMI. The billings figure is 6.8% lower than the final February 2020 level of $2.37 billion, and is 20.1% higher than the March 2019 billings level of $1.84 billion. “While March monthly billings of North America-based semiconductor equipment manufacturers are starting to reflect a challenging market environment, the year-over-year increase indicates companies across the semiconductor manufacturing supply chain thus far are effectively maintaining continuous operations despite COVID-19 headwinds,” said Ajit Manocha, SEMI president and CEO. 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.
Source: SEMI (www.semi.org), April 2020
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