Global semiconductor equipment billings grew 5 percent year-over-year to $24.7 billion in the first quarter of 2022, according industry association SEMI.
The figures were revealed in SEMI’s Worldwide Semiconductor Equipment Market Statistics Report. Quarter-over-quarter billings in the seasonally soft first quarter declined 10 percent.
Ajit Manocha, SEMI president and CEO, says: “Year-over-year first quarter equipment revenue growth is in sync with positive forecasts for 2022 as the semiconductor industry continues its robust increase of fab capacity. North America and Europe logged healthy quarter-over-quarter rises in equipment spending as they intensify efforts to bolster domestic chipmaking.” [Read more…] about Global semiconductor equipment sales grow 5 percent to $25 billion