SEMI Releases First Quarter Worldwide Equipment Market Figures and Revised 2001
Global Market Projections for Equipment Industry
/CAUTION -- ADVANCE FOR RELEASE AT 12:00 p.m. EDT, WEDNESDAY, MAY 23/
/ADVANCE/ SAN JOSE, Calif., May 23 /PRNewswire/ -- Semiconductor Equipment
and Materials International (SEMI), the global industry association of
companies that supply manufacturing technology and materials to the world's
chip makers, reported worldwide semiconductor manufacturing equipment
shipments of US$11.2 billion in the first quarter of 2001. The figure is
10.9 percent above the same quarter a year ago and 12.7 percent below the
shipment figure for the forth quarter of 2000.
SEMI also reported worldwide equipment orders of US$ 6.50 billion in the
first quarter of 2001. The figure is 50 percent below the same quarter a year
ago and 53 percent below the orders figure for the forth quarter of 2000.
"There was a rapid drop in the market for new semiconductor equipment in
the first quarter as worldwide orders declined 53 percent from the
fourth quarter of 2001," said Elizabeth Schumann, SEMI director of industry
research and statistics. "While the rapidity of this downturn has been severe,
we do expect a recovery in orders late in the second half to contribute to a
more stable 2002 with flat or single digit growth across the industry."
SEMI also revised its 2001 worldwide projection for the semiconductor
manufacturing equipment industry, estimating a 27 percent decline in worldwide
equipment shipments from $47.7 billion in 2000 to $35 billion in 2001.
Three percent growth is expected for the year 2002, followed by 22 percent
growth in 2003.
"The growth experienced in 2000 is difficult to sustain, and in fact is
not desirable over the long-term," said Stanley T. Myers, president and CEO of
SEMI. "Historically, the semiconductor equipment industry has grown at a
compound annual rate of 17 percent. Given 87 percent growth in one year, we
can expect that the next year or so will bring a realignment with historic
averages while the chip industry makes adjustments to bring capacity and
inventory in line with demand."
SEMI's worldwide equipment sales projections for 2001 reflect adjustments
to data released last December as part of SEMI's biannual Consensus Forecast
for the manufacturing equipment market. Today's revised equipment sales
estimate is based on an analysis of first quarter order growth as a predictor
of annual sales growth.
In a briefing today in Burlington, Mass., SEMI analysts pointed out that
the leading market research firms also have predicated spending reductions be
semiconductor makers in the double-digit range for 2001.
The quarterly shipment data by region in billion of U.S. dollars; and
year-over-year and month-over-month growth rates by region are as follows:
Q1 2000 Q4 2000 Q1 2001 Q1 2001 Q1 2001
% Growth % Growth
(Y-O-Y) (M-O-M)
Europe 1.39 1.87 1.58 13.6% -15.7%
Japan 2.18 2.56 3.37 54.8% 31.7%
North America 2.36 3.90 2.97 26.1% -23.7%
Korea 0.82 0.91 1.03 25.3% 13.4%
Taiwan 2.30 2.04 1.13 -50.8% -44.5%
ROW 1.10 1.60 1.17 6.7% -27.1%
Total 10.14 12.88 11.25 10.9% -12.7%
"While annual revenues for integrated circuits (ICs) fluctuate based on
average selling prices, the unit volume production has historically increased
yearly," said Schumann. "1985 was the last year in which there was an annual
decline in unit volume. Based on current quarterly trends, it appears that
2001 will be another negative growth year for IC units, which is contributing
to the equipment market decline and will likely impact semiconductor materials
market as well."
SEMI is projecting that the worldwide semiconductor materials shipments,
which typically track volume production, will decrease 6 percent in 2001.
For information on SEMI's Industry Research and Statistics program and
subscription services, call SEMI at 408-943-6973 or email mktstat@semi.org.
Based in San Jose, Calif., SEMI is an international trade association
serving more than 2,400 companies participating in the semiconductor and flat
panel display equipment and materials markets. SEMI maintains offices in
Austin, Beijing, Boston, Brussels, Hsinchu, Moscow, Seoul, Singapore, Tokyo
and Washington, D.C. For more information, visit SEMI on the Internet at
www.semi.org.
SOURCE Semiconductor Equipment and Materials International
-0- 05/22/2001/1200
/CONTACT: Jonathan Davis, 408-943-6937, or jdavis@semi.org, or
Michael Droeger, 408-943-6953, or mdroeger@semi.org, both of Semiconductor
Equipment and Materials International/
/Web site: semi.org
CO: Semiconductor Equipment and Materials International
ST: California
IN: CPR
SU:
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