North American Semiconductor Equipment Industry Posts March 2011 Book-to-Bill Ratio of 0.95
SAN JOSE, Calif. – April 21, 2011 – North America-based manufacturers of semiconductor equipment posted $1.62 billion in orders in March 2011 (three-month average basis) and a book-to-bill ratio of 0.95, according to the March Book-to-Bill Report published today by SEMI. A book-to-bill of 0.95 means that $95 worth of orders were received for every $100 of product billed for the month.
The three-month average of worldwide bookings in March 2011 was $1.62 billion. The bookings figure is 1.5 percent more than the final February 2011 level of $1.60 billion, and is 21.6 percent above the $1.33 billion in orders posted in March 2010.
The three-month average of worldwide billings in March 2011 was $1.70 billion. The billings figure is 7.6 percent less than the final February 2011 level of $1.84 billion, and is 54.4 percent more than the March 2010 billings level of $1.10 billion.
“The book-to-bill ratio improved in March based on slightly higher orders and lower billings,” said Stanley T. Myers, president and CEO of SEMI. “Orders are over 20 percent higher than one year ago and we see industry investments remaining steady.”
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.
February 2011 (final)
March 2011 (prelim)
Source: SEMI April 2011
The data contained in this release were compiled by David Powell, Inc., an independent financial services firm, without audit, from data submitted directly by the participants. SEMI and David Powell, Inc. assume no responsibility for the accuracy of the underlying data.
The data are contained in a monthly Book-to-Bill Report published by SEMI. The report tracks billings and bookings worldwide of North American-headquartered manufacturers of equipment used to manufacture semiconductor devices, not billings and bookings of the chips themselves. The Book-to-Bill report is one of three reports included with the Equipment Market Data Subscription (EMDS).
SEMI is the global industry association serving the manufacturing supply chains for the microelectronic, display and photovoltaic industries. SEMI 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 Beijing, Bengaluru, Berlin, Brussels, Grenoble, Hsinchu, Moscow, San Jose, Seoul, Shanghai, Singapore, Tokyo, and Washington, D.C. For more information, visit www.semi.org.
Next SEMI Book-to-Bill: May 19, 2011, at 3:00 p.m. PDT
For information on SEAJ Book-to-Bill Report, visit www.seaj.or.jp
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