Global semiconductor equipment billings up 9% YoY in Q1 2023
New data from SEMI says revenue was 'robust despite macroeconomic headwinds and a challenging industry environment'.
SEMI's latest Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report revealed cautious good news for market stakeholders.
It says that global semiconductor equipment billings increased 9% year-over-year to USD 26.8 billion for Q1 2023. Against that, billings slipped 3% in Q4 2022.
“Semiconductor equipment revenue in the first quarter was robust despite macroeconomic headwinds and a challenging industry environment. The fundamentals remain healthy for the long-term strategic investments needed to support major technology advancements for AI, automotive, and other growth applications," said ” said Ajit Manocha, SEMI's president and CEO.
Taiwan remained the industry's most high-billing region, with USD 6.93 billion of revenue in the quarter. China and South Korea were second and third respectively. Here is the headline data by region.
|Region||1Q2023||4Q2022||1Q2022||1Q (QoQ)||1Q (YoY)|
|Rest of World||1.06||1.32||1.29||-20%||-18%|