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:
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
