KUALA LUMPUR: North America-based semiconductor equipment manufacturers posted US$3.65bil in billings worldwide in August 2021, which was a three-month average basis.

       The Semiconductor Equipment Manufacturers Industry (SEMI) said on Monday the billings figure is 5.4% lower than final July 2021 billings of US$3.86bil and 37.6% higher than August 2020 billings of US$2.65bil.

       SEMI president and CEO Ajit Manocha said after an extraordinary eight-month run of record-breaking results, billings of North America-based semiconductor equipment manufacturers expectedly softened in August compared to July.

       “Nonetheless, billings continue to reflect strong demand for semiconductor equipment and solid year-over-year growth,” he said.

       The SEMI Billings report uses three-month moving averages of worldwide billings for North American-based semiconductor equipment manufacturers. Billings figures are in millions of US dollars.

       Billings continue to reflect strong demand for semiconductor equipment and solid year-over-year growth.