SEMI posts March book-to-bill ratio of 1.06

April 21, 2014. North America-based manufacturers of semiconductor equipment posted $1.28 billion in orders worldwide in March 2014 (three-month average basis) and a book-to-bill ratio of 1.06, according to the March EMDS Book-to-Bill Report published today by SEMI. A book-to-bill of 1.06 means that $106 worth of orders were received for every $100 of product billed for the month.

According to SEMI, the three-month average of worldwide bookings in March 2014 was $1.28 billion. The bookings figure is 1.2% lower than the final February 2014 level of $1.30 billion, and is 16.1% higher than the March 2013 order level of $1.10 billion.

The three-month average of worldwide billings in March 2014 was $1.21 billion. The billings figure is 5.9% lower than the final February 2014 level of $1.29 billion, and is 22.3% higher than the March 2013 billings level of $991.0 million.

“Bookings levels for North American semiconductor equipment have remained consistent over the last few reports,” said Denny McGuirk, president and CEO of SEMI. “We look to the months ahead for signs of any inflection.”

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.

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 SEMI Equipment Market Data Subscription (EMDS).

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