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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (80585)

7/25/2018 3:58:43 PM

From: Donald Wennerstrom

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Read Replies (1) | Respond to of 95515

North American Semiconductor Equipment Industry Posts June 2018 Billings

MILPITAS, Calif. — July 24, 2018 — North America-based manufacturers of semiconductor equipment posted $2.49 billion in billings worldwide in June 2018 (three-month average basis), according to the June Equipment Market Data Subscription (EMDS) Billings Report published today by SEMI. The billings figure is 8.0 percent lower than the final May 2018 level of $2.70 billion, and is 8.1 percent higher than the June 2017 billings level of $2.30 billion.

“Global billings of North American equipment manufacturers declined for the current month by 8 percent from the historic high but is still 8 percent higher than billings for the same period last year,” said Ajit Manocha, president and CEO of SEMI. “Billings remain robust.”

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
January 2018	$2,370.1	27.5%
February 2018	$2,417.8	22.5%
March 2018	$2,431.8	16.9%
April 2018	$2,689.9	25.9%
May 2018 (final)	$2,702.3	19.0%
June 2018 (prelim)	$2,485.7	8.1%

Source: SEMI ( www.semi.org), July 2018

To: Donald Wennerstrom who wrote (80585)	7/25/2018 6:57:49 PM
From: Sam	1 Recommendation Recommended By Return to Sender Read Replies (2) \| Respond to of 95515

So, below is an a graph of DXI (DRAMeXchange's way of expressing the spot price of DRAM) for the last year. And below that is an article that claims that memory chip prices are "plunging", that "dark clouds" are gathering over Korean memory chip firms (the article is from a Korean news site), and "Chinese rivals are poised to start production of memory chips soon, potentially pushing prices down even further." The misinformation that is being put out there is nuts. Does this graph make it look like DRAM prices are "plunging"? chart.dramexchange.com Korean Tech Giants in Trouble as Chip Prices Plunge By Kang Dong-cheol July 24, 2018 09:29 Memory chip prices are plunging, casting dark clouds over the sole mainstay propping up the growth of Korea's biggest businesses. Chinese rivals are poised to start production of memory chips soon, potentially pushing prices down even further. According to market researcher DRAMeXchange, the spot price of DDR4 8Gb DRAM stands at US$7.90, down 17 percent from January this year. Prices fell below $8 for the first time last week. NAND flash (64Gb) prices fell 18 percent over the same period to $3.30. Spot prices reflect actual market prices and serve as key indices in forecasting future contract price trends. Prices are declining because demand has slowed while supply keeps growing. Output has surged due to the big data boom, but some industry watchers fear it may be nearing an end. One semiconductor industry insider said, "The boom over the last five years has already lasted longer than previous ones, so it's not unusual for the trend to shift now." Samsung Electronics and SK Hynix, Korea's top two listed companies, saw their share prices plummet on Monday. Samsung shares fell two percent compared to the previous session to W46,500 and SK Hynix's more than seven percent to W81,700. One domestic brokerage drastically lowered its target price for SK Hynix over concerns about worsening earnings. english.chosun.com