North American semiconductor equipment industry posts February 2013 book-to-bill ratio of 1.10

USA: North America-based manufacturers of semiconductor equipment posted $1.07 billion in orders worldwide in February 2013 (three-month average basis) and a book-to-bill ratio of 1.10, according to the February Book-to-Bill Report published by SEMI.  A book-to-bill of 1.10 means that $110 worth of orders were received for every $100 of product billed for the month.

The three-month average of worldwide bookings in February 2013 was $1.07 billion. The bookings figure is 0.2 percent lower than the final January 2013 level of $1.08 billion, and is 19.7 percent lower than the February 2012 order level of $1.34 billion.

The three-month average of worldwide billings in February 2013 was $975.3 million. The billings figure is 0.8 percent higher than the final January 2013 level of $968.0 million, and is 26.3 percent lower than the February 2012 billings level of $1.32 billion.

“Three-month average bookings and billings posted by North American semiconductor equipment providers remain above parity and consistent with prior month levels," said Denny McGuirk, president and CEO of SEMI. "We expect modest investment by semiconductor makers in the first half of the year with foundry and advanced packaging technology among the near-term spending drivers.”