MILPITAS, CA – North America-based manufacturers of semiconductor equipment posted $2.24 billion in billings worldwide in August on a three-month average basis, according to SEMI. Sales were up 2.5% year-over-year and down 5.9% sequentially, the trade group added.

“Global billings of North American equipment suppliers declined in August compared to July, although they remain above August 2017 billings,” said Ajit Manocha, president and CEO of SEMI. “Industry spending remains solid, and we expect equipment expenditures in North America, China, Japan, and Taiwan to increase over their respective levels relative to the first half of the year.”

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