"Q1 Semiconductor Equipment Sales Increased... Growth in Taiwan and North America Regions"
Q1 Semiconductor Equipment Market Statistics Report Released
Sales in the semiconductor equipment market for the first quarter increased by 9% compared to the same period last year. Sales growth was particularly notable in Taiwan and the North American region. South Korea ranked third in sales by region.
On the 14th, the Semiconductor Equipment and Materials International (SEMI) announced the "Semiconductor Equipment Market Statistics Report" containing this information. The report included regional semiconductor equipment sales statistics based on data from the Semiconductor Equipment Association of Japan (SEAJ).
According to the report, the global semiconductor equipment market size in the first quarter reached $26.8 billion. Although it decreased by 3% compared to the previous quarter, it increased by 9% compared to the same period last year.
Ajit Manocha, CEO of SEMI, stated, "The semiconductor equipment market in the first quarter showed solid performance despite macroeconomic headwinds and a semiconductor downturn. Especially, investments in artificial intelligence (AI), automotive semiconductors, and other application areas have been active, so the semiconductor equipment market is maintaining healthy fundamentals."
By region, the first quarter semiconductor equipment sales were highest in the following order: Taiwan ($6.9 billion), China ($5.9 billion), South Korea ($5.6 billion), North America ($3.9 billion), Japan ($1.9 billion), and Europe ($1.5 billion).
North America recorded the most significant growth, with first quarter sales increasing by 51% compared to the previous quarter and 50% compared to the same period last year. Taiwan's sales decreased compared to the previous quarter but increased by 42% compared to the same period last year, showing a relatively high growth rate.
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South Korea's first quarter sales decreased by 3% compared to the previous quarter but increased by 9% compared to the same period last year. China showed a decline in sales, decreasing by 8% compared to the previous quarter and 23% compared to the same period last year.
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