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Non-Tech : Kirk's Market Thoughts
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To: Sam who wrote (5485)10/23/2019 10:35:07 AM
From: Kirk ©1 Recommendation   of 26595
 
Semiconductor equipment billings slip to 5-month low

Billings among North American manufacturers of semiconductor production equipment slipped below US$2 billion reaching a five-month low in September, according to SEMI.

North America-based manufacturers of semiconductor equipment posted US$1.95 billion in billings worldwide in September 2019 (three-month average basis), SEMI disclosed. The billings figure is 2.4% lower than the revised August level of US$2 billion, and 6% below the September 2018 billings level of US$2.08 billion.

"Monthly billings of North American equipment manufacturers declined for the second consecutive month," said Ajit Manocha, president and CEO of SEMI. "However, year-over-year billings shows signs of bottoming, and recent capital expenditure increases for leading-edge logic will provide near-term billings growth opportunities."

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.



Billings
(3-mo. avg.)

Year-Over-Year

April 2019

$1,922.0

-28.5%

May 2019

$2,065.2

-23.6%

June 2019

$2.026.1

-18.4%

July 2019

$2,031.9

-14.6%

August 2019 (final)

$2,001.8

-10.5%

September 2019 (prelim)

$1,953.7

-6.0%


Source: SEMI ( www.semi.org), October 2019

SEMI publishes a monthly North American Billings report and issues the Worldwide Semiconductor Equipment Market Statistics (WWSEMS) report in collaboration with the Semiconductor Equipment Association of Japan (SEAJ). The WWSEMS report currently reports billings by 24 equipment segments and by seven end market regions. SEMI also has a long history of tracking semiconductor industry fab investments in detail on a company-by-company and fab-by-fab basis in its World Fab Forecast and SEMI FabView databases. These powerful tools provide access to spending forecasts, capacity ramp, technology transitions, and other information for over 1,000 fabs worldwide. For an overview of available SEMI market data, please visit www.semi.org/en/MarketInfo.

The data contained in this release were compiled by David Powell, Inc., an independent financial services firm, without audit, from data submitted directly by the participants. SEMI and David Powell, Inc. assume no responsibility for the accuracy of the underlying data.

About SEMI

SEMI® connects more than 2,100 member companies and 1.3 million professionals worldwide to advance the technology and business of electronics design and manufacturing. SEMI members are responsible for the innovations in materials, design, equipment, software, devices, and services that enable smarter, faster, more powerful, and more affordable electronic products. Electronic System Design Alliance (ESD Alliance), FlexTech, the Fab Owners Alliance (FOA) and the MEMS & Sensors Industry Group (MSIG) are SEMI Strategic Association Partners, defined communities within SEMI focused on specific technologies. Visit www.semi.org to learn more, contact one of our worldwide offices, and connect with SEMI on LinkedIn and Twitter.

Association Contact

Michael Hall/SEMI
Phone: 1.408.943.7988
Email: mhall@semi.org

Notes

Next SEMI Billings report is November 19, 2019 at 3:00pm Pacific.

For information on SEAJ Book-to-Bill Report, visit www.seaj.or.jp

semi.org
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