North American Semiconductor Equipment Industry Posts October 2012 Book-to-Bill Ratio of 0.75
(Targeted News Service Via Acquire Media NewsEdge) SAN JOSE, Calif., Nov. 15 -- The Semiconductor Equipment and Materials International issued the following news release:
North America-based manufacturers of semiconductor equipment posted $743.2 million in orders worldwide in October 2012 (three-month average basis) and a book-to-bill ratio of 0.75, according to the October Book-to-Bill Report published today by SEMI. A book-to-bill of 0.75 means that $75 worth of orders were received for every $100 of product billed for the month.
The three-month average of worldwide bookings in October 2012 was $743.2 million. The bookings figure is 18.6 percent lower than the revised September 2012 level of $912.8 million, and is 19.8 percent lower than the October 2011 order level of $926.8 million.
The three-month average of worldwide billings in October 2012 was $986.5 million. The billings figure is 15.3 percent lower than the revised September 2012 level of $1.16 billion, and is 21.6 percent less than the September 2011 billings level of $1.26 billion.
"Semiconductor industry investments remain muted as the industry enters the fourth quarter," said Denny McGuirk, president and CEO of SEMI. ""Investments in leading-edge technologies will continue to drive spending in the near-term, while a clearer 2013 outlook will emerge over the next couple of months as capex plans are announced."
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 U.S. dollars.
For more details click here: (http://www.semi.org/en/node/43856)
The data contained in this release were compiled by David Powell, Inc., an independent financial services firm, without audit, from data submitted directly by the participants. SEMI and David Powell, Inc. assume no responsibility for the accuracy of the underlying data.
The data are contained in a monthly Book-to-Bill Report published by SEMI. The report tracks billings and bookings worldwide of North American-headquartered manufacturers of equipment used to manufacture semiconductor devices, not billings and bookings of the chips themselves. The Book-to-Bill report is one of three reports included with the Equipment Market Data Subscription (EMDS). (http://www.semi.org/en/Store/MarketInformation/equipment/ctr_027202)
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(c) 2012 Targeted News Service
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