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North American Semiconductor Equipment Industry Posts October 2020 Billings
November 20, 2020 | SEMIEstimated reading time: Less than a minute
North America-based manufacturers of semiconductor equipment posted $2.64 billion in billings worldwide in October 2020 (three-month average basis), according to the October Equipment Market Data Subscription (EMDS) Billings Report published by SEMI. The billings figure is 3.7 percent lower than the final September 2020 level of $2.74 billion, and is 26.9 percent higher than the October 2019 billings level of $2.08 billion.
“Following the record-breaking September results, billings of North America-based semiconductor equipment manufacturers continue to show strong results in October,” said Ajit Manocha, SEMI president and CEO. “The coming months should reaffirm the positive momentum as industry leaders are issuing guidance for a strong fourth quarter despite continuing trade tensions and the intensifying pandemic.”
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.
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