Friday, May 20, 2011
The three-month rolling average for April semiconductor equipment orders from vendors based in North America rose to nearly $1.6 billion and the book-to-bill ratio for North American suppliers improved to 0.98 from 0.95 in March, according to the fab tool trade group SEMI.
A book-to-bill of 0.98 means that $98 worth of orders was received for every $100 of product billed for the month.
The April bookings figure is 1.1 percent more than the March level of $1.58 billion, and is 10.8 percent above the $1.44 billion in orders posted in April 2010, SEMI (San Jose, Calif.) said.
The three-month average of worldwide billings for North America fab gear manuafacturers was $1.63 billion in April, down 1.6 percent from March and up 27.4 percent from April 2010, SEMI said.
"The continued pace of orders for new semiconductor manufacturing equipment coupled with a slight decline in billings moves the book-to-bill ratio toward parity," said Daniel Tracy, senior director of industry research and statistics at SEMI, in a statement. "Current order and spending activity is aligned with announced 2011 capex plans."
By: DocMemory
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