SEMI billings up 17.2% y-o-y

SEMI’s April billings for North America-based manufacturers of semiconductor equipment were $2.26 billion which is 2.2% up on the March figure of $2.21 billion.

The April 2020 billings figure is 17.2% above the April 2019 billings level of  $1.93 billion.

Billings have now stayed above $2 billion for the seventh consecutive month.

“April billings of North America-based semiconductor equipment manufacturers reflect healthy equipment demand,” said Ajit Manocha, SEMI president and CEO. “The industry is performing well under extraordinary conditions, though uncertainty persists due to COVID-19 concerns and rising geopolitical tensions.”