Global chip equipment sales fall in April-SEMI Monday June 16, 4:04 am ET
TOKYO, June 16 (Reuters) - Global sales of chipmaking equipment fell 37.1 percent in April from the month before to $1.5 billion, hurt by weak sales in Japan, South Korea and the United States, an industry group said on Monday. The April figure was down 11.7 percent from the same month a year earlier, snapping a streak of seven consecutive months of year-on-year gains, the Semiconductor Equipment and Materials International (SEMI) said. The fall in April followed a 59.1 percent rise in the volatile data in March compared with the previous month. The semiconductor sector remains mired in a protracted slump with major equipment suppliers like Applied Materials Inc (NasdaqNM:AMAT - News) and Tokyo Electron Ltd (Tokyo:8035.T - News) facing spending cutbacks by Intel Corp (NasdaqNM:INTC - News) and Taiwan's big chipmakers. Japanese computer memory chipmaker Elpida Memory Inc said earlier this month it received 81.5 billion yen ($695 million) in extra financing, which would allow the DRAM manufacturer to buy new chipmaking equipment for its state-of-the-art plant in Hiroshima, western Japan. Tokyo Electron has said it does not expect a full-fledged orders recovery until after September. It also abandoned a 10 percent revenue growth target for the current year started in April. Monday's sales data showed a particularly sharp decline in equipment sales in Japan, North America and South Korea, although European sales outperformed other markets. The report from SEMI, a California-based international organisation, was released by the Semiconductor Equipment Association of Japan (SEAJ). Following are April chip equipment sales figures, in millions of dollars. Figures in brackets are the percentage change from the previous month. Japan 267.6 (-53.9) N. America 381.2 (-30.7) Europe 240.9 (+13.9) S. Korea 232.9 (-47.4) Taiwan 155.1 (-33.1) Other 225.5 (-39.5) TOTAL 1,503.1 (-37.1) ($1=117.35 yen) |