News
SAN JOSE – North America-based manufacturers of semiconductor equipment posted $805.4 million in orders in November, down 29% year-over-year, and down about 4% sequentially, says SEMI.
The three-month average of worldwide billings was $807.3 million, down 42% year-over-year and 7% sequentially.
The book-to-bill ratio was 1.0, meaning $100 worth of orders was received for every $100 of product billed for the month.
“The book-to-bill ratio reached parity, as billings have declined sharper than bookings over the past six months,” said Stanley T. Myers, president and CEO of SEMI. “2008 is closing with expected declines on the year, which have been further exacerbated by the deepening seismic global economic situation over the past quarter.”
The three-month average of worldwide billings was $807.3 million, down 42% year-over-year and 7% sequentially.
The book-to-bill ratio was 1.0, meaning $100 worth of orders was received for every $100 of product billed for the month.
“The book-to-bill ratio reached parity, as billings have declined sharper than bookings over the past six months,” said Stanley T. Myers, president and CEO of SEMI. “2008 is closing with expected declines on the year, which have been further exacerbated by the deepening seismic global economic situation over the past quarter.”
REDMOND, WA – Programming-device maker Data I/O Corp. will buy back up to 1 million of the company’s shares in the coming year.
In 2009, the firm will purchase shares on the open market, in blocks or privately.
Almost 9 million shares are currently outstanding, says Data I/O.
FRAMINGHAM, MA -- The electronics manufacturing services industry is expected to grow 7.8% next year to $313.7 billion, says IDC. This is down slightly from growth of 9.3% in 2008, the research firm says, citing slowing end-market demand for the drop.
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