KUALA LUMPUR: North America-based manufacturers of semiconductor equipment reported strong global billings in September, reflecting the demand for semiconductors.
The Semiconductor Equipment Manufacturers Industry (SEMI) posted on its website late Thursday that billings rose to US$2.75bil in in September 2020 (three-month average basis).
According to the September equipment market data subscription (EMDS) billings report, the billings figure was 3.6% higher than the final August 2020 level of US$2.65bil.
The billing were also up 40.3% than the September 2019 billings level of US$1.96bil.
"September billings of North America-based semiconductor equipment manufacturers mark another month of growth, ” said Ajit Manocha, SEMI president and CEO.
“The semiconductor industry remains resilient despite challenges posed by the pandemic and geopolitical tensions.”
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