Friday, April 22, 2011

North American Semiconductor Equipment industry posts March 2011 book-to-bill ratio of 0.95

KUALA LUMPUR: North America-based manufacturers of semiconductor equipment posted US$1.70 billion in orders in March 2011 (three-month average basis) and a book-to-bill (BTB) ratio of 0.95, according to the Semiconductor Equipment Manufacturers Industry association (SEMI).

The billings figure is 7.6% less than the final February 2011 level of US$1.84 billion, and 54.4% more than the March 2010 billings level of US$1.10 billion.

However, the BTB ratio in March was higher than the 0.87 achieved in February.

A BTBl of 0.95 means that US$95 worth of orders were received for every US$100 of product billed for the month.

The US-based SEMI is the global industry association serving the manufacturing supply chains for the microelectronic, display and photovoltaic industries.

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.

In a statement April 21, SEMI said the three-month average of worldwide bookings in March 2011 was US$1.62 billion.

The bookings figure was 1.5% more than the final February 2011 level of US$1.6 billion, and 21.6% above the US$1.33 billion in orders posted in March 2010, it said.

SEMI president and CEO Stanley T. Myers said the book-to-bill ratio improved in March based on slightly higher orders and lower billings.

'Orders are over 20% higher than one year ago and we see industry investments remaining steady,' he said.

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