SEMI: Equipment industry book-to-bill ratio is 1.1
North America-based manufacturers of semiconductor equipment posted $1.07 billion in orders worldwide in February 2013.
This was according to SEMI's February report based on a three-month average and a book-to-bill ratio of 1.10. A book-to-bill of 1.10 means that $110 worth of orders were received for every $100 of product billed for the month.
The bookings for February 2013 was 0.2 percent lower than the final January 2013 level of $1.08 billion, and is 19.7 percent lower than the February 2012 order level of $1.34 billion.
The three-month average of worldwide billings in February 2013 was $975.3 million. The billings figure is 0.8 percent higher than the final January 2013 level of $968.0 million, and is 26.3 percent lower than the February 2012 billings level of $1.32 billion.
"Three-month average bookings and billings posted by North American semiconductor equipment providers remain above parity and consistent with prior month levels," comments Denny McGuirk, president and CEO of SEMI. "We expect modest investment by semiconductor makers in the first half of the year with foundry and advanced packaging technology among the near-term spending drivers."
The SEMI book-to-bill is a ratio of three-month moving averages of worldwide bookings and billings for North American-based semiconductor equipment manufacturers.
