SEMI’s Feb billings up 22% y-o-y

SEMI reports February billings of $2.41 billion – up 1.7% up on January and up 22.2% on Fenbrusry 2017.

“February billings remain at a level indicating another positive year for semiconductor equipment spending,” said Ajit Manocha, president and CEO of SEMI. “We expect 2018 to mark the fourth consecutive year of spending growth, which last occurred in the 1990.

The last six months’ billings have been:

September $2,054.8;  October $2,019.3; November  $2,052.3; December $2,398.4; January  $2,370.1;
February  $2,411.4.

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