MILPITAS, Calif., Dec. 3, 2024 /PRNewswire/ -- Global semiconductor equipment billings increased 19% year-over-year to US$30.38 billion in the third quarter of 2024, while quarter-over-quarter billings registered 13% growth during the same period, SEMI announced today in its Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report.
"The global semiconductor equipment market recorded robust growth in the third quarter of 2024 driven by investments aimed at supporting the proliferation of Artificial Intelligence as well as production of mature technologies," said Ajit Manocha, SEMI President and CEO. "The growth in equipment investments was spread across multiple regions seeking to bolster their chipmaking ecosystems, with North America posting the largest year-over-year gain while China continues to lead in spending."
Compiled from data submitted by members of SEMI and the Semiconductor Equipment Association of Japan (SEAJ), the WWSEMS Report is a summary of the monthly billings figures for the global semiconductor equipment industry.
Following are quarterly billings data in billions of U.S. dollars with quarter-over-quarter and year-over-year changes by region:
The SEMI Equipment Market Data Subscription (EMDS) provides comprehensive market data for the global semiconductor equipment market. The subscription includes three reports:
Download a sample of the EMDS report.
For more information about the report or to subscribe, please contact the SEMI Market Intelligence Team at mktstats@semi.org. More details are also available on the SEMI Market Data webpage.
About SEMI
SEMI® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON® expositions and events, technology communities, standards and market intelligence help advance our members' business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more.
Association Contact
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** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Q3 2024 Global Semiconductor Equipment Billings Grew 19% Year-Over-Year, SEMI Reports
Q3 2024 Global Semiconductor Equipment Billings Grew 19% Year-Over-Year, SEMI Reports
SANYA, China, Dec. 3, 2024 /PRNewswire/ -- On 26 November, The 5th Symposium on Global Maritime Cooperation and Ocean Governance was held in Sanya, Hainan Province. The forum was co-organized by Huayang Center for Maritime Cooperation and Ocean Governance, National Institute for South China Sea Studies, China Oceanic Development Foundation, and Hainan Free Trade Port Research Institute, and co-organized by CGTN. More than 300 experts, scholars, government officials, senior officials of foreign embassies in China, representatives of international organizations, and maritime related departments from over 30 countries and regions attended the forum. More than 2,000 people registered the online meeting.
Wang Yi, Member of the Political Bureau of the CPC Central Committee, and Minister of Foreign Affairs of China, delivered a keynote speech. Chen Xiaodong, Vice Minister of Foreign Affairs of China; Sun Shuxian, Vice Minister of Natural Resources and Administrator of the State Ocean Administration; Bateer, Executive Vice Governor of Hainan Province; Michael Lodge, Secretary-General of the International Seabed Authority; Peter Thomson, Special Envoy of the UN Secretary-General for Ocean Affairs delivered opening speeches respectively.
The forum conducted discussions over topics as "Global Ocean Governance: Rules, Responsibilities, and Powers" and "Settlement of Maritime Dispute: Dialogue or Confrontation?" "Integrated Marine Management, Blue Economy Development," "Order in the South China Sea Based on Common Security and International Law" "Protection of Marine Ecological Environment and Sustainable Development of Marine Fisheries" "The Future of Poles and the Deep Sea: Exploration, Utilization, and Protection" "Building a Marine Community with a Shared Future: Commitments and Actions".
Wang Yi said that across the word, changes of our times and of historical significance are unfolding like never before. Global governance is facing brand-new opportunities and challenges. Improving global ocean governance and building a maritime community with a shared future is essential to building a community with a shared future for mankind. Committed to implementing the Global Development Initiative(GDI), the Global Security Initiative (GSI) and the Global Civilization Initiative (GCI) proposed by President Xi Jinping, China is ready to work with all countries to pursue higher-level global ocean governance to better serve the well-being of mankind. For this purpose, the Chinese side would like to propose three following. First, we should advance high-quality and sustainable development of the ocean. Second, we should safeguard universal and sustainable maritime security. Third, we should promote inter-civilization exchanges on maritime outlook.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
The 5th Symposium on Global Maritime Cooperation and Ocean Governance was held in Sanya
