North American semiconductor equipment industry posts high earnings

North America-based manufacturers of semiconductor equipment posted $2.49 billion in billings worldwide in December 2019.

This is according to the December Equipment Market Data Subscription Billings Report published today by SEMI.

The billings figure is 17.5 percent higher than the final November 2019 level of $2.12 billion.

It is also 17.8 percent higher than the December 2018 billings level of $2.11 billion.

Ajit Manocha, president and CEO of SEMI, says: “Monthly billings of North American equipment manufacturers reached a level not seen since June 2018.

“The December surge in equipment billings reaffirms the strength of leading-edge logic and foundry investments.”

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 US dollars.