North American semiconductor equipment industry posts February 2011 book-to-bill ratio of 0.87

SINGAPORE: North America-based manufacturers of semiconductor equipment posted $1.58 billion in orders in February 2011 (three-month average basis) and a book-to-bill ratio of 0.87, according to the February Book-to-Bill Report published today by SEMI. A book-to-bill of 0.87 means that $87 worth of orders were received for every $100 of product billed for the month.

The three-month average of worldwide bookings in February 2011 was $1.58 billion. The bookings figure is 4.7 percent more than the final January 2011 level of $1.51 billion, and is 26.7 percent above the $1.25 billion in orders posted in February 2010.

The three-month average of worldwide billings in February 2011 was $1.83 billion. The billings figure is 2.3 percent more than the final January 2011 level of $1.79 billion, and is 79.8 percent more than the February 2010 billings level of $1.02 billion.

"Billings increased for the third month in a row, while bookings improved over 4 percent from the figure reported in January," said Dan Tracy, senior director of Industry Research & Statistics. "February bookings are over 25 percent higher than the bookings reported one year ago."Source: SEMI, USA.