Friday, December 20, 2002
Semiconductor equipment orders from North American manufacturers rised a little higher in November over a month before, but were still down from levels earlier this year, reported by an industry group. That shows technology demand is not quite out of the wood yet.
The three-month average of worldwide semiconductor equipment bookings in November rose to $779 million, compared to $775 million in October and $589 million a year earlier, said the group.
Equipment billings was $991 billion in November, down 1 percent from the adjusted October level of $1 billion and up 21 percent from the $817 million posted a year earlier.
The industry saw an abnormal peak in July with orders at $1.18 billion, but orders had dropped since then until November, said a spokesman from the group.
By: DocMemory
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