According to the latest report from SEMI, global semiconductor equipment sales in the first quarter of 2022 increased by 5% year-on-year to $24.7 billion. SEMI noted that quarterly sales fell 10% sequentially in the seasonally weak first quarter.

“Year-over-year first quarter equipment revenue growth is in sync with positive forecasts for 2022 as the semiconductor industry continues its robust increase of fab capacity,” said Ajit Manocha, SEMI president and CEO. “North America and Europe logged healthy quarter-over-quarter rises in equipment spending as they intensify efforts to bolster domestic chipmaking.”

Following are quarterly billings data in billions of U.S. dollars with quarter-over-quarter and year-over-year changes by region:

SEMI: Global semiconductor equipment sales up 5% YoY in Q1 2022-SemiMedia