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North America-based manufacturers of semiconductor equipment posted $1.29 billion in orders in March 2010 (three-month average basis) and a book-to-bill ratio of 1.19, according to the March 2010 Book-to-Bill Report published today by SEMI. A book-to-bill of 1.19 means that $119 worth of orders was received for every $100 of product billed for the month.
The three-month average of worldwide bookings in March 2010 was $1.29 billion. The bookings figure is up 2.7% from the final February 2010 level of $1.25 billion, and is 423.3% above the $245.6 million in orders posted in March 2009.
The three-month average of worldwide billings in March 2010 was $1.08 billion. The billings figure is up 6.4% from the final February 2010 level of $1.02 billion, and is 146.8% above the March 2009 billings level of $438.3 million.
"Bookings have now returned to levels seen in late 2007," said Stanley T. Myers, President and CEO of SEMI. "The steady and consistent rise in bookings and billings shows that the industry is on a well-managed growth path."
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 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).
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, Beijing, Bengaluru, Berlin, Brussels, Grenoble, Hsinchu, Moscow, San Jose, Seoul, Shanghai, Singapore, Tokyo, and Washington, D.C. For more information, visit http://www.semi.org/.