Friday, May 16, 2003
The book-to-bill ratio for chip equipment orders slipped to 0.86 last month in North America, SEMI said. This means that just $86 worth of new orders arrived for every $100 that was billed.
April's ratio reflects continued economic uncertainty, the group said. Until chipmakers are convinced that a recovery in consumer and commercial spending is at hand, it's unlikely they will invest heavily in new equipment.
Chip-equipment orders booked for the month totaled $737 million, 5 percent less than the March revised bookings of $777 million, and 26 percent below the $996 million in orders received in April 2002, SEMI said.
The April book-to-bill ratio of 0.86 is lower than the revised 0.91 figure for March. SEMI earlier forecast for March book-to-bill ratio was 0.99, up slightly from February's 0.98. However, the revised figures actually show that the book-to-bill ratio has declined for two successive months after the up trend between January and February.
By: DocMemory
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