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Global semiconductor equipment market slows down in 2001

Posted: 05 Mar 2002 ?? ?Print Version ?Bookmark and Share

Keywords:semiconductor equipment? semiconductor equipment and materials? semi? worldwide semiconductor equipment market statistics?

Worldwide sales of semiconductor equipment totaled $28 billion in 2001, representing a year-over-year decline of 41 percent, reveals Semiconductor Equipment and Materials Int. (SEMI) in a report entitled " Worldwide Semiconductor Equipment Market Statistics (SEMS)."

"The industry suffered its worst annual decline last year as the electronic markets and capital spending collapsed. The magnitude of the downturn was amplified in that it followed the single greatest growth year on record in our industry," said Stanley T. Myers, president and CEO of SEMI. "The good news is the apparent bottoming of the cycle as order trends have leveled and show slight improvement in the fourth quarter. The first quarter of 2002 should give an indication of how the year will fare, as historically there is a close correlation between Q1 growth momentum and overall annual growth, he added.

According to the report, Japan fared better than other regions, with billings declining 17 percent in 2001 to $7.6 billion, compared with $9.2 billion in 2000. North America has dropped 37 percent, down from the $12.9 billion posted the prior year. Europe followed in third place, declining 40 percent to $3.8 billion, compared to $8.4 billion in 2000. Taiwan, the second-largest market in 2000 with sales of $9.3 billion, dropped 65 percent to $3.2 billion. Singapore, Malaysia, China and other Southeast Asia countries declined 48 percent in 2001. South Korea dropped 44 percent to $2.2 billion from the $3.9 billion it posted in 2000.

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