August billings among North American manufacturers of semiconductor production equipment decreased 5.4%, bringing an end to an eight-month period of consecutive increases.

North America-based manufacturers of semiconductor equipment posted US$3.65 billion in billings worldwide in August 2021 (three-month average basis), down from the revised billings level of US$3.86 billion in July, but up 37.6% from US$2.65 billion a year earlier.

"After an extraordinary eight-month run of record-breaking results, billings of North America-based semiconductor equipment manufacturers expectedly softened in August compared to July," said Ajit Manocha, SEMI president and CEO. "Nonetheless, billings continue to reflect strong demand for semiconductor equipment and solid year-over-year growth."

SEMI in its July report forecast that worldwide sales of semiconductor manufacturing equipment will surpass US$100 billion in 2022 - a new high - after jumping 34% to US$95.3 billion in 2021. Continuing investments by device makers in secular growth drivers are fueling the expansion of both the front-end and back-end semiconductor equipment segments, said the industry association.

By: DocMemory
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