Semicon equipment industry posts June 2009 book-to-bill ratio of 0.77

SAN JOSE, USA: North America-based manufacturers of semiconductor equipment posted $323.4 million in orders in June 2009 (three-month average basis) and a book-to-bill ratio of 0.77 according to the June 2009 Book-to-Bill Report published by SEMI.

A book-to-bill of 0.77 means that $77 worth of orders were received for every $100 of product billed for the month.

The three-month average of worldwide bookings in June 2009 was $323.4 million. The bookings figure is about 12 percent greater than the final May 2009 level of $287.8 million, and about 69 percent less than the $934.2 million in orders posted in June 2008.

The three-month average of worldwide billings in June 2009 was $419.6 million. The billings figure is just over seven percent greater than the final May 2009 level of $392.6 million, and about 64 percent less than the June 2008 billings level of $1.16 billion.

“We are seeing improvement to the book to bill ratio due to slight growth in bookings," said Stanley T. Myers, president and CEO of SEMI. “However for the equipment manufacturers, the market remains extremely difficult as customers are not yet at a point where additional capacity investments are needed.”

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 US dollars.Source: SEMI July 2009