Friday, August 18, 2006
For the first time in 10 months, the book-to-bill ratio for North American semiconductor equipment makers slipped in July, trade group Semiconductor Equipment and Materials International (SEMI) said Thursday (Aug. 17).
North American capital equipment vendors posted a book-to-bill ratio of 1.06 in July, down from 1.14 in June, SEMI said.
A book-to-bill of 1.06 means that $106 worth of orders were received for every $100 of product billed for the month. 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.
The North American equipment makers' book-to-bill ratio had been either up or flat each month since September 2005, according to data post on SEMI's Web site.
The three-month average of worldwide bookings in July 2006 was $1.75 billion, SEMI (San Jose, Calif.) said. The bookings figure is about 2 percent lower than the final June level of $1.78 billion, SEMI said, and more than 73 percent higher than the $1.01 billion in orders posted in July 2005.
The three-month average of worldwide billings in July 2006 was $1.65 billion, SEMI said, up 6 percent from the final June level of $1.56 billion and almost 53 percent from the July 2005 billings level of $1.08 billion.
"Billings for North American equipment manufacturers are at their highest level since April of 2001, while bookings decreased slightly," said Stanley Myers, SEMI's president and CEO. "Even with a slight bookings slowdown, the worldwide equipment market is still on track to grow about 20 percent in 2006."
SEMI said earlier this week that global semiconductor equipment bookings reached $11.53 billion in the second quarter, up 60 percent year-to-year and up 23 percent sequentially.
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