Billings amongst North American producers of semiconductor manufacturing tools posted a year-over-year decline for the fourth consecutive month in February.
North America-based producers of semiconductor tools posted US$1.86 billion in billings worldwide in February 2019 (three-month common foundation), in keeping with SEMI. The billings determine is 1.7% decrease than the revised January degree of US$1.90 billion, and 23% under the February 2018 billings degree of US$2.41 billion.
“Global billings of North American equipment suppliers continued a decline that began in November 2018,” mentioned Terry Tsao, chief advertising officer at SEMI. “Despite lower levels of investment, monthly billings for the year remain above 2016 levels.”