North American semiconductor equipment industry posts August 2014 book-to-bill ratio of 1.04

North America-based manufacturers of semiconductor equipment posted $1.35 billion in orders worldwide in August 2014 (three-month average basis) and a book-to-bill ratio of 1.04, according to the August EMDS Book-to-Bill Report published today by SEMI.   A book-to-bill of 1.04 means that $104 worth of orders were received for every $100 of product billed for the month.

The three-month average of worldwide bookings in August 2014 was $1.35 billion. The bookings figure is 5.0 percent lower than the final July 2014 level of $1.42 billion, and is 26.5 percent higher than the August 2013 order level of $1.06 billion.

The three-month average of worldwide billings in August 2014 was $1.29 billion. The billings figure is 2.0 percent lower than the final July 2014 level of $1.32 billion, and is 19.5 percent higher than the August 2013 billings level of $1.08 billion.

“The SEMI Book-to-Bill ratio has been at or above parity for 11 consecutive months, and both current month bookings and billings continue to trend well above 2013 levels,” said Denny McGuirk, president and CEO of SEMI. “Strong equipment spending growth for the year is observed across the fab and test and assembly segments.”

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

March 2014

$1,225.5

$1,297.7

1.06

April 2014

$1,403.2

$1,443.0

1.03

May 2014

$1,407.8

$1,407.0

1.00

June 2014

$1,327.5

$1,455.0

1.10

July 2014 (final)

$1,319.1

$1,417.1

1.07

August 2014 (prelim)

$1,293.3

$1,346.2

1.04

Source: SEMI, September 2014

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 SEMI Equipment Market Data Subscription (EMDS).

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