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North American semi equipment industry show strong results in October
North America-based manufacturers of semiconductor equipment posted USD 2.64 billion in billings worldwide in October 2020 (three-month average basis), according to SEMI.
The billings figure is 3.7% lower than the final September 2020 level of USD 2.74 billion, and is 26.9% higher than the October 2019 billings level of USD 2.08 billion. “Following the record-breaking September results, billings of North America-based semiconductor equipment manufacturers continue to show strong results in October,” said Ajit Manocha, SEMI president and CEO. “The coming months should reaffirm the positive momentum as industry leaders are issuing guidance for a strong fourth quarter despite continuing trade tensions and the intensifying pandemic.”
|Billings (3-mo. avg.)||Year-Over-Year|
|September 2020 (final)||$2,743.3||40.0%|
|October 2020 (prelim)||$2,640.6||26.9%|
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