Friday, November 19, 2010

Slower growth in N. American semiconductor equipment manufacturers industry

KUALA LUMPUR: North America-based manufacturers of semiconductor equipment experienced slower growth as the book-to-bill ratio for October was 0.98, down for the first time since June 2009.

The US-based Semiconductor Industry Equipment Manufacturers Industry (SEMI) reported on Thursday, Sept 18 said it posted US$1.59 billion in orders in October 2010 (three-month average basis).

A book-to-bill of 0.98 means that US$98 worth of orders were received for every $100 of product billed for the month.

"The October book-to-bill ratio dipped below parity for the first time since June 2009 as continued billings strength was accompanied by a hesitation in new orders,' said Stanley T. Myers, president and CEO of SEMI.

"The market for new equipment reflects seasonal softening and near-term respite in capital spending in some segments of the industry. However, bookings remain at more than double the figure reported one year ago and above the average figure reported during the 2006-2007 cycle.'

The three-month average of worldwide bookings in October 2010 was US$1.59 billion. The bookings figure is 3.5% lower than the final September 2010 level of US$1.65 billion, and is 110.7% above the US$756.3 million in orders posted in October 2009.

The three-month average of worldwide billings in October 2010 was US$1.62 billion. The billings figure is up 0.7% from the final September 2010 level of US$1.61 billion, and is 133.7% above the October 2009 billings level of US$694.1 million.


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