North America-based manufacturers of semiconductor equipment posted $1.24 billion in orders worldwide in November 2013 (three-month average basis) and a book-to-bill ratio of 1.11, according to the November EMDS Book-to-Bill Report published today by SEMI. A book-to-bill of 1.11 means that $111 worth of orders were received for every $100 of product billed for the month.
The three-month average of worldwide bookings in November 2013 was $1.24 billion. The bookings figure is 10.1 percent higher than the final October 2013 level of $1.12 billion, and is 72.3 percent higher than the November 2012 order level of $718.6 million.
The three-month average of worldwide billings in November 2013 was $1.11 billion. The billings figure is 4.0 percent higher than the final October 2013 level of $1.07 billion, and is 22.4 percent higher than the November 2012 billings level of $910.1 million.
“The continuing rise in equipment bookings clearly points to year-end order activity that is substantially stronger compared to one year ago,” said Denny McGuirk, president and CEO of SEMI. “This trend supports the current outlook showing a rebound in equipment spending for 2014.”
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.
Billings (3-mo. avg) |
Bookings (3-mo. avg) |
Book-to-Bill |
|
June 2013 |
1,213.7 |
1,334.2 |
1.10 |
July 2013 |
1,204.0 |
1,207.2 |
1.00 |
August 2013 |
1,081.9 |
1,063.9 |
0.98 |
September 2013 |
1,020.9 |
992.8 |
0.97 |
October 2013 (final) |
1,071.0 |
1,124.5 |
1.05 |
November 2013 (prelim) |
1,113.6 |
1,237.9 |
1.11 |
Source: SEMI, December 2013
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 SEMI Book-to-Bill report is one of three reports included with the Equipment Market Data Subscription (EMDS).
Equipment Book to Bill in positive territory and augurs well for 2014.