Friday, August 19, 2011
The ratio of sales bookings to billings among North American semiconductor capital equipment vendors tumbled for a third straight month in July, according to the fab tool vendor trade group SEMI.
North America-based manufacturers of semiconductor equipment posted $1.30 billion in orders on a three-month average basis in July and a book-to-bill ratio of 0.86, according to SEMI. A book-to-bill of 0.86 means that $86 worth of orders were received for every $100 of product billed for the month.
The three-month average of worldwide bookings for North American vendors declined by 15.7 percent compared to the final June numbers, SEMI said. The three-month average of worldwide billings in July was $1.52 billion, down 7.6 percent compared to the final June figure, but up 1.4 percent compared with July 2010, SEMI said.
"Semiconductor equipment billings remain higher than levels a year ago," said Stanley Myers, SEI president and CEO, in a statement. "However, bookings have dropped significantly consistent with the temporary softening of end-market demand signaled by slower PC sales, low foundry utilization and investment hesitation by memory chip makers."
By: DocMemory
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