North American Semiconductor Equipment Industry Posts February 2009 Book-to-Bill Ratio of 0.48


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North American Semiconductor Equipment Industry Posts February 2009 Book-to-Bill Ratio of 0.48

SAN JOSE, Calif. – March 19, 2009 – North America-based manufacturers of semiconductor equipment posted $263.5 million in orders in February 2009 (three-month average basis) and a book-to-bill ratio of 0.48 according to the February 2009 Book-to-Bill Report published today by SEMI. A book-to-bill of 0.48 means that $48 worth of orders were received for every $100 of product billed for the month.

The three-month average of worldwide bookings in February 2009 was $263.5 million. The bookings figure is about five percent less than the final January 2009 level of $277.2 million, and about 78 percent less than the $1.21 billion in orders posted in February 2008.

The three-month average of worldwide billings in February 2009 was $546.1 million. The billings figure is about seven percent less than the final January 2009 level of $584.2 million, and about 58 percent less than the February 2008 billings level of $1.31 billion.

“These are the lowest bookings levels we’ve seen since SEMI began compiling data for the book-to-bill program in 1991,” said Dan Tracy, senior director of Industry Research and Statistics at SEMI. “Spending and investments remain at minimal levels as the semiconductor industry waits for clearer signals indicating improvement in end market demand.”

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.

 

Billings
(Three-month avg.)

Bookings
(Three-month avg.)

Book-to-Bill

September 2008

927.3

649.9

0.70

October 2008

871.4

839.7

0.96

November 2008

806.8

783.8

0.97

December 2008

672.4

579.1

0.86

January 2009 (final)

584.2

277.2

0.47

February 2009 (prelim.)

546.1

263.5

0.48

Source: SEMI March 2009

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.

SEMI is the global industry association serving the manufacturing supply chains for the microelectronic, display and photovoltaic industries. SEMI member companies are the engine of the future, enabling smarter, faster and more economical products that improve our lives. Since 1970, SEMI has been committed to helping members grow more profitably, create new markets and meet common industry challenges. SEMI maintains offices in Austin, Bangalore, Beijing, Brussels, Hsinchu, Moscow, San Jose, Seoul, Shanghai, Singapore, Tokyo, and Washington, D.C. For more information, visit www.semi.org.

Association Contacts

Dan Tracy/SEMI
Tel: 1.408.943.7987
E-mail: dtracy@semi.org

Scott Smith/SEMI
Tel: 1.408.943.7957
E-mail: ssmith@semi.org

Editors Note:

Next SEMI Book-to-Bill: April 16, 2009; 3:00 p.m. PST
For information on SEAJ Book-to-Bill Report, visit www.seaj.or.jp

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