NA semicon equipment industry posts Feb. 2010 book-to-bill ratio of 1.22

SAN JOSE, USA: North America-based manufacturers of semiconductor equipment posted $1.23 billion in orders in February 2010 (three-month average basis) and a book-to-bill ratio of 1.22, according to the February 2010 Book-to-Bill Report published today by SEMI. A book-to-bill of 1.22 means that $122 worth of orders was received for every $100 of product billed for the month.

The three-month average of worldwide bookings in February 2010 was $1.23 billion. The bookings figure is up 4.5 percent from the final January 2010 level of $1.18 billion, and 376.7% above the $258.4 million in orders posted in February 2009.

The three-month average of worldwide billings in February 2010 was $1.01 billion. The billings figure is 5.7 percent greater than the final January 2010 level of $957.6 million, and 92.5 percent more than the February 2009 billings level of $525.5 million.

"The book-to-bill ratio has been above parity for eight months in a row, and three-month average order figures are in the range last reported in late 2007,” said Dan P. Tracy, senior director, SEMI Industry Research and Statistics, "Year-over-year comparisons are dramatic in comparison to the very low figures reported in the first quarter of 2009.”

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, USA