North American Semiconductor Equipment Industry Posts January 2019 Billings

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North America-based manufacturers of semiconductor equipment posted $1.89 billion in billings worldwide in January 2019 (three-month average basis), according to the January Equipment Market Data Subscription (EMDS) Billings Report published today by SEMI. The billings figure is 10.5% lower than the final December 2018 level of $2.10 billion, and is 20.8% lower than the January 2018 billings level of $2.37 billion.

“January billings of North American equipment manufacturers declined 10 percent when compared to the prior month,” said Ajit Manocha, president and CEO of SEMI. “Weakening smartphone demand and high inventory levels are eroding capital equipment investments, especially by memory suppliers.”

About SEMI

SEMI connects more than 2,100 member companies and 1.3 million professionals worldwide to advance the technology and business of electronics manufacturing. SEMI members are responsible for the innovations in materials, design, equipment, software, devices, and services that enable smarter, faster, more powerful, and more affordable electronic products. Electronic System Design Alliance (ESD Alliance), FlexTech, the Fab Owners Alliance (FOA) and the MEMS & Sensors Industry Group (MSIG) are SEMI Strategic Association Partners, defined communities within SEMI focused on specific technologies. Since 1970, SEMI has built connections that have helped its members prosper, create new markets, and address common industry challenges together. SEMI maintains offices in Bangalore, Berlin, Brussels, Grenoble, Hsinchu, Seoul, Shanghai, Silicon Valley (Milpitas, Calif.), Singapore, Tokyo, and Washington, D.C.