Manufacturing

Semiconductor book-to-bill dips to 0.93

AUGUST 4--North American-based manufacturers of semiconductor equipment posted $720 million in orders in June 2003 and a book-to-bill ratio of 0.93, according to Semiconductor Equipment and Materials International (San Jose, CA; www.semi.org).
Aug. 4, 2003

AUGUST 4--North American-based manufacturers of semiconductor equipment posted $720 million in orders in June 2003 and a book-to-bill ratio of 0.93, according to Semiconductor Equipment and Materials International (SEMI; San Jose, CA;www.semi.org). A book-to-bill of 0.93 means that $93 of new orders was received for every $100 of products billed for the month.

The three-month average of worldwide bookings in June 2003 was $720 million, slightly below the revised May 2003 level of $724 million, and 39% below the $1.17 billion in orders posted in June 2002.

The three-month average of worldwide billings in June 2003 was $771 million, 4% below the revised May 2003 level of $805 million, and 17% below the June 2002 billings level of $927 million.

"Billings by North American-based semiconductor capital-equipment suppliers slid to the lowest point since January 2002 as the bookings level stabilized," says Stanley Myers, president and CEO of SEMI. He added that higher chip-production capacity levels and higher average chip prices are fueling a growing confidence that a recovery for the equipment market will begin in the second half of 2004.

Sign up for Vision Systems Design Newsletters

Voice Your Opinion!

To join the conversation, and become an exclusive member of Vision Systems Design, create an account today!