At 0.45, billings and bookings remain at low-levels
SAN JOSE, California — April 22, 2013 — SEMI, the global industry association serving the manufacturing supply chain for the micro- and nano-electronics industries, today reported that for the quarter ending December 31, 2012, the worldwide photovoltaic manufacturing equipment book-to-bill ratio remained well below parity, at 0.45, for the seventh consecutive quarter. Booking levels continue to be low as PV manufacturers grapple with oversupply across the supply chain.
Worldwide bookings, which represent net new orders for PV manufacturing equipment, improved 1 percent in Q4’12 compared to the previous quarter; however, Q4’12 bookings were down 48 percent year-over-year. Worldwide billings contracted 15 percent in Q4’12 versus Q3’12. On a year-over-year basis, Q4’12 billings declined 39 percent.
Total billings for the full year 2012 dropped to $2.55 billion or a 59 percent decline from 2011 billings of $6.18 billion. Annual bookings in 2012 totaled $1.31 billion, which is 74 percent below 2011 bookings of $4.97 billion.
On a regional basis, equipment sales were dominated by Asia. For the full year of 2012, Asia represented about 80 percent of total billings.
The worldwide PV equipment billings and bookings data is gathered jointly with the German Engineering Federation (VDMA) from about 50 global equipment companies that provide data on a quarterly basis.
SEMI is the global industry association serving the nano- and microelectronics manufacturing supply chains. Our 1,900 member companies are the engine of the future, enabling smarter, faster and more economical products that improve our lives. Since 1970, SEMI has been committed to helping members grow more profitably, create new markets and meet common industry challenges. SEMI maintains offices in Bangalore, Beijing, Berlin, Brussels, Grenoble, Hsinchu, Moscow, San Jose, Seoul, Shanghai, Singapore, Tokyo, and Washington, D.C. For more information, visit www.semi.org.
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