SEMI B2B Up, But Still Below Parity PDF Print E-mail
Written by Mike Buetow   
Wednesday, 19 March 2008 06:14
SAN JOSE – North American-based manufacturers of semiconductor equipment posted a 90-day average of $1.23 billion in orders in February, up 8% from the revised January figure and down 12% year-over-year.


The book-to-bill ratio climbed for the fifth straight month, reaching 0.93, meaning that $93 worth of orders were received for every $100 of product billed for the month. A ratio above 1.0 is considered an indicator of an expanding market.

The data were announced by SEMI today.

The three-month average of worldwide billings in February was $1.32 billion, up 3% from January and 8% from 2007.

In a statement, Stanley T. Myers, president and CEO of SEMI, said, “Though current inventory and utilization rates are at healthy levels, device manufacturers are being conservative in their capex spending."
Last Updated on Friday, 21 March 2008 06:56
 

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