SEMI: Equipment spending soars 22.5 percent in April 2014
The momentum was driven by mainly memory, foundry, and back-end spending
North America-based manufacturers of semiconductor equipment posted $1.44 billion in global orders in April 2014 and a book-to-bill ratio of 1.03, according to the April EMDS Book-to-Bill Report published by SEMI.
This was based on a three-month average. A book-to-bill of 1.03 means that $103 worth of orders were received for every $100 of product billed for the month.
The three-month average of worldwide bookings in April 2014 was $1.44 billion. The bookings figure is 10.8 percent higher than the final March 2014 level of $1.30 billion, and is 22.5 percent higher than the April 2013 order level of $1.17 billion.
The three-month average of worldwide billings in April 2014 was $1.40 billion. The billings figure is 14.1 percent higher than the final March 2014 level of $1.23 billion, and is 28.7 percent higher than the April 2013 billings level of $1.09 billion.
"Sales of semiconductor manufacturing equipment from North American producers continue to demonstrate strong sequential and year-over-year growth," says Denny McGuirk, president and CEO of SEMI. "The data through the first quarter reflects momentum in memory, foundry, and back-end spending."
