© adam121 Business | June 16, 2017

North American semi equipment industry on the rise

North America-based manufacturers of semiconductor equipment posted USD 2.27 billion in billings worldwide in May 2017 (three-month average basis), according SEMI.

SEMI reports that the three-month average of worldwide billings of North American equipment manufacturers in May 2017 was USD 2.27 billion. The billings figure is 6.4 percent higher than the final April 2017 level of USD 2.14 billion, and is 41.9 percent higher than the May 2016 billings level of USD 1.60 billion. “Semiconductor equipment billings for North American headquartered equipment manufacturers increased for the fourth month in a row and are 42 percent higher than the same month last year," said Ajit Manocha, president and CEO of SEMI. “The strength of this cycle continues to be driven by Memory and Foundry manufacturers as the industry invests in 3D NAND and other leading-edge technologies."
MonthBillings (3-mo. avg)Year-Over-Year
December 2016USD 1,869.838.5%
January 2017USD 1,859.452.3%
February 2017USD 1,974.063.9%
March 2017USD 2,079.773.7%
April 2017 (final)USD 2,136.446.3%
May 2017 (prelim)USD 2,273.041.9%
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