September billings among North American manufacturers of semiconductor production equipment registered sequential growth for the third consecutive month.

North America-based manufacturers of semiconductor equipment posted US$2.75 billion in billings worldwide in September 2020 (three-month average basis), according to SEMI. The billings figure is 3.6% above the revised level of US$2.65 billion in August, and 40.3% higher than the September 2019 billings level of US$1.96 billion.

"September billings of North America-based semiconductor equipment manufacturers mark another month of growth," said Ajit Manocha, SEMI president and CEO. "The semiconductor industry remains resilient despite challenges posed by the pandemic and geopolitical tensions."