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Technology Stocks : Earnings: Semiconductor
INTC 39.99-0.4%Oct 31 9:30 AM EDT

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To: 2MAR$ who started this subject8/22/2002 11:03:45 AM
From: 2MAR$   of 266
 
SEMI Releases First Quarter 2002 Worldwide Equipment Market Figures

SAN JOSE, Calif., Aug. 22 /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 billings of
US$4.05 billion in the first quarter of 2002. The figure is 64 percent below
the same quarter a year ago and one percent below the billings figure for the
fourth quarter of 2001.
SEMI also reported worldwide equipment orders of $4.15 billion in the
first quarter of 2002. The figure is 36 percent below the same quarter a year
ago but 35 percent above the orders figure for the fourth quarter of 2002.
"While the first quarter results emphasize the sharp decline in the
worldwide semiconductor equipment market over the past year, on a sequential
basis, the data also demonstrate that the market has stabilized," said Stanley
T. Myers, president and CEO of SEMI. "Although clear signs of a new market
driver remain elusive, the latest monthly data reflects the first sequential
worldwide billings increase in 17 months, providing further evidence that the
industry's worst cyclical downturn has bottomed and is forming a new base."
The quarterly billings data by region in billions of U.S. dollars,
year-over-year and quarter-over-quarter growth rates by region are as follows:

Region Q1 2002 Q4 2001 Q1 2001 Q1 2002/ Q1 2002/
Q4 2001 Q1 2001
(Q-o-Q) (Y-o-Y)

Europe 0.44 0.57 1.58 -23.1 % -72.3 %
Japan 0.93 0.98 3.37 -5.2 % -72.4 %
North America 1.46 1.40 2.97 4.4 % -50.9 %
Korea 0.29 0.37 1.03 -22.1 % -72.3 %

Taiwan 0.54 0.40 1.13 33.3 % -52.6 %
ROW 0.41 0.38 1.17 6.7 % -65.3 %
Total 4.05 4.10 11.25 -1.0 % -64.0 %

For information on the SEMI 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 industry association
serving more than 2,500 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.

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SOURCE Semiconductor Equipment and Materials International
-0- 08/22/2002
/CONTACT: Jonathan Davis, +1-408-943-6937, or jdavis@semi.org, or Dan
Tracy, +1-408-943-7987, or dtracy@semi.org, both of SEMI/
/Web site: semi.org

CO: Semiconductor Equipment and Materials International
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