North American semiconductor equipment industry posts August 2011 book-to bill ratio of 0.80

SAN JOSE, USA: North America-based manufacturers of semiconductor equipment posted $1.18 billion in orders in August 2011 (three-month average basis) and a book-to-bill ratio of 0.80, according to the August Book-to-Bill Report published today by SEMI. A book-to-bill of 0.80 means that $80 worth of orders were received for every $100 of product billed for the month.

The three-month average of worldwide bookings in August 2011 was $1.18 billion. The bookings figure is 8.8 percent less than the final July 2011 level of $1.30 billion, and is 34.8 percent below the $1.82 billion in orders posted in August 2010.

The three-month average of worldwide billings in August 2011 was $1.48 billion. The billings figure is 3.0 percent less than the final July 2011 level of $1.52 billion, and is 5.1 percent less than the August 2010 billings level of $1.55 billion.

“Weaker DRAM demand, foundry spending reductions and near-term uncertainties about electronics demand are reflected in declining sales trends for new semiconductor manufacturing equipment,” said Stanley T. Myers, president and CEO of SEMI. “Consequently, the SEMI 3-month average billings are at levels last seen in June of 2010.”Source: SEMI, USA.