Semiconductor equipment industry still has legs for growth

NEW TRIPOLI, USA: In the past few days, several semiconductor equipment and materials suppliers have announced outstanding results – ASMI, ASML, ASM, Cohu, Mattson, MKS, Novellus, Lam Research, and Tokyo Electron, not to mention another increase in SEMI Bookings.

As regular readers of this newsletter/blog/insight piece know, The Information Network’s proprietary leading indicators was first developed in the mid-1990s to give early signals of turning-points in economic activity for the semiconductor equipment market. In late 2009, we extended our analysis to include semiconductors. A turning-point in the indicators will generally signal a turning-point in the business cycle in six to nine months.

That said, our leading indicator continues to point to growth in the semiconductor equipment at least through Q3.Source: The Information Network, USA