"Global Semiconductor Equipment Purchases Slightly Decrease in Q1"
Unlike the Decline in Major Countries, China Sees a 113% Increase
Global semiconductor equipment billings in the first quarter slightly decreased compared to the same period last year. While equipment billings in major regions such as Korea, Taiwan, and Japan all declined, only China showed a triple-digit growth rate.
The Semiconductor Equipment and Materials International (SEMI) announced on the 11th that first-quarter semiconductor equipment billings recorded $26.4 billion, down 2% from the same period last year.
By region, China's first-quarter equipment billings surged 113% year-over-year to reach $12.52 billion. In contrast, major regions such as Korea ($5.2 billion), Taiwan ($2.34 billion), North America ($1.89 billion), and Japan ($1.82 billion) all saw declines. Taiwan experienced the largest drop with a 66% decrease in first-quarter billings. North America also showed a notable decline with a 33% decrease. Korea saw a 7% decrease.
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Although SEMI noted a decline in semiconductor equipment billings in the first quarter, it forecasted a continued market recovery. Ajit Manocha, SEMI's Chief Executive Officer (CEO), stated, "Although global semiconductor equipment sales slightly decreased, strategic investments and advanced technology demand in key semiconductor industry regions will drive the recovery of the semiconductor equipment market."
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