SEMI: North American equipment industry in July book-to-bill ratio is 1.0
It looks like companies are investing in more semiconductor manufacturing equipment but this trend could easily change...
North America-based manufacturers of semiconductor equipment posted $1.27 billion in orders worldwide in July 2013 and a book-to-bill ratio of 1.00.
This is according to the July EMDS Book-to-Bill Report published by SEMI.
A book-to-bill of 1.00 means that $100 worth of orders were received for every $100 of product billed for the month.
The three-month average of worldwide bookings in July 2013 was $1.27 billion. The bookings figure is 4.6 percent lower than the final June 2013 level of $1.33 billion, and is 3.1 percent higher than the July 2012 order level of $1.23 billion.
The three-month average of worldwide billings in July 2013 was $1.27 billion. The billings figure is 4.6 percent higher than the final June 2013 level of $1.21 billion, and is 12.0 percent lower than the July 2012 billings level of $1.44 billion.
A table showing the figures reported by SEMI is below.
"Billings for new semiconductor manufacturing equipment continue to increase and the ratio has been at or above parity for the past seven months," says Denny McGuirk, president and CEO of SEMI. "However, order data moderated slightly in the July report and we will look to the month ahead to determine if this reflects a trend change."
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. Billings and bookings figures are in millions of U.S. dollars.