North America-based manufacturers of semiconductor equipment posted US$3.59 billion in billings worldwide in May 2021 (three-month average basis), logging a record high for the fifth consecutive month, according to SEMI.

The billings figure is 4.7% higher than the revised billings level of US$3.43 billion in April, and is 53.1% above the May 2020 billings level of US$2.34 billion.

"May billings of North America-based semiconductor equipment manufacturers continue their trajectory of remarkable growth," said Ajit Manocha, SEMI president and CEO. "Semiconductor equipment investments continue to register record highs as the industry takes steps to address near-term manufacturing capacity constraints."

By: DocMemory
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