March 18, 2005 – North American-based manufacturers of semiconductor equipment posted $1.03 billion in orders in February (three-month average basis) and a book-to-bill ratio of 0.78, according to the February 2005 Book-to-Bill Report published today by SEMI.
A book-to-bill of 0.78 means that $78 worth of orders were received for every $100 of product billed for the month.
The three-month average of worldwide bookings in February 2005 was $1.03 billion. The bookings figure is 4 percent above the revised January 2004 level of $0.99 billion and 22 percent below the $1.32 billion in orders posted in February 2004.
The three-month average of worldwide billings in February 2005 was $1.32 billion. The billings figure is 5 percent above the revised January 2004 level of $1.26 billion and 15 percent above the February 2004 billings level of $1.14 billion.
“Current three-month average bookings are at a level observed in late 2003,” said Dan P. Tracy, senior director of SEMI Industry Research & Statistics. “Given the 300mm investment and ramp underway worldwide, the expectation remains for a much more moderated equipment cycle in 2005 compared to the 2001/2002 time frame.”
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.