Flexible Electronics News

Q1 2024 Global Semiconductor Equipment Billings Down 2%: SEMI

Anticipates that strategic investments, demand for advanced technology will lead return to growth.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Global semiconductor equipment billings contracted 2% year-over-year to US$26.4 billion in the first quarter of 2024, while quarter-over-quarter billings dropped 6% during the same period, SEMI announced in its Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report. “Despite the slight dip in global semiconductor equipment billings, our industry remains strong and resilient,” said Ajit Manocha, SEMI president and CEO. “Strategic investments and demand for advanced technology will...

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