Global semiconductor equipment billings contracted 2% y-o-y to US$26.4 billion in 1Q2024

Date: 09/06/2024
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 today 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 catalyze the semiconductor equipment market’s return to growth.”


Following are quarterly billings data in billions of U.S. dollars with quarter-over-quarter and year-over-year changes by region:


Source: SEMI