North America-based manufacturers of semiconductor equipment posted $1.31 billion in orders worldwide in February 2015 (three-month average basis) and a book-to-bill ratio of 1.02, according to the February EMDS Book-to-Bill Report published today by SEMI.   A book-to-bill of 1.02 means that $102 worth of orders were received for every $100 of product billed for the month.

The three-month average of worldwide bookings in February 2015 was $1.31 billion. The bookings figure is 1.3 percent lower than the final January 2015 level of $1.33 billion, and is 1.0 percent higher than the February 2014 order level of $1.30 billion.

The three-month average of worldwide billings in February 2015 was $1.28 billion. The billings figure is 0.2 percent lower than the final January 2015 level of $1.28 billion, and is 0.9 percent lower than the February 2014 billings level of $1.29 billion.

“Year-to-date bookings and billings for North American semiconductor equipment are higher than last year for the same time period,” said SEMI president and CEO Denny McGuirk. “The year is off to a good start, with growth in bookings from the back-end sector.”

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.

Source: SEMI, March 2015