NA semiconductor equipment billings YoY deficit continues to improve in August
SEMI shared the findings of its August Equipment Market Subscription Billings Report on Sept. 19, which showed that while 2019 North American semiconductor equipment billings are still down considerably compared to a year earlier, the deficit shrank for a fourth-straight month.
The figures showed that North American-based manufacturers of semiconductor equipment posted $2.0025 billion in billings worldwide in August (on a three-month average basis). That figure is down 1.4% from July, and down 10.5% from August 2018’s $2.237 billion. While the month-to-month comparison is slightly negative, the year-over-year deficit has shrunk significantly since ballooning to -28.5% in April of this year, having improved each month since.
Monthly billings haven’t been in year-over-year growth territory since October 2018 (+0.5%).
“August billings of North American equipment manufacturers declined 1% relative to July levels,” said Ajit Manocha, president and CEO of SEMI. “However, even though the industry is facing headwinds, monthly billings levels have remained above $2 billion for the past four months.”
Here's how the past 13 months of North American semiconductor billings have fared, according to SEMI:
The SEMI Billings report uses three-month moving averages of worldwide billings for North American-based semiconductor equipment manufacturers. Billings figures are in millions of U.S. dollars.
SEMI publishes a monthly North American billings report and issues the Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report in collaboration with the Semiconductor Equipment Association of Japan. The WWSEMS report currently reports billings by 24 equipment segments and by seven end-market regions.
