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) |
| Taiwan | 6.93 | 7.98 | 4.88 | -13% | 42% |
| China | 5.86 | 6.36 | 7.57 | -8% | -23% |
| Korea | 5.62 | 5.80 | 5.15 | -3% | 9% |
| North America | 3.93 | 2.60 | 2.62 | 51% | 50% |
| Japan | 1.90 | 2.25 | 1.90 | -16% | 0% |
| Europe | 1.52 | 1.46 | 1.28 | 4% | 19% |
| Rest of World | 1.06 | 1.32 | 1.29 | -20% | -18% |
| Total | 26.81 | 27.78 | 24.69 | -3% | 9% |
