MK, Desa Putra, Selangor

Global semiconductor equipment billings rise 9% in 3Q

PETALING JAYA: Global semiconductor equipment billings rose 9% in the third quarter of 2022 and 7% year-on-year to US$28.75bil, according to US-based Semiconductor Equipment Manufacturers Industry (SEMI).

“Semiconductor equipment revenue growth in the third quarter remained in line with positive forecasts for 2022,” SEMI president and CEO Ajit Manocha said in a statement.

“The 9% quarter-over-quarter increase in equipment spending for Q3 reflects the semiconductor industry’s determination to bolster fab capacity to support long-term growth and technology innovation.”

Following are quarterly billings data in billions of U.S. dollars with quarter-over-quarter and year-over-year changes by region:

Original News Link : https://www.thestar.com.my/business/business-news/2022/12/01/global-semiconductor-equipment-billings-rise-9-in-3q

1 comment on “Global semiconductor equipment billings rise 9% in 3Q

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