NA semiconductor equipment industry posts March 2010 book-to-bill ratio of 1.19

SAN JOSE, USA: North America-based manufacturers of semiconductor equipment posted $1.29 billion in orders in March 2010 (three-month average basis) and a book-to-bill ratio of 1.19, according to the March 2010 Book-to-Bill Report published by SEMI. A book-to-bill of 1.19 means that $119 worth of orders was received for every $100 of product billed for the month.

The three-month average of worldwide bookings in March 2010 was $1.29 billion. The bookings figure is up 2.7 percent from the final February 2010 level of $1.25 billion, and is 423.3 percent above the $245.6 million in orders posted in March 2009.

The three-month average of worldwide billings in March 2010 was $1.08 billion. The billings figure is up 6.4 percent from the final February 2010 level of $1.02 billion, and is 146.8 percent above the March 2009 billings level of $438.3 million.
"Bookings have now returned to levels seen in late 2007,” said Stanley T. Myers, president and CEO of SEMI. "The steady and consistent rise in bookings and billings shows that the industry is on a well-managed growth path.”

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