North America-based manufacturers of semiconductor equipment posted $1.31 billion in orders worldwide in January 2015 (three-month average basis) and a book-to-bill ratio of 1.03, according to the January EMDS Book-to-Bill Report published today by SEMI.   A book-to-bill of 1.03 means that $103 worth of orders were received for every $100 of product billed for the month.

The three-month average of worldwide bookings in January 2015 was $1.31 billion. The bookings figure is 4.9 percent lower than the final December 2014 level of $1.38 billion, and is 2.6 percent higher than the January 2014 order level of $1.28 billion.

The three-month average of worldwide billings in January 2015 was $1.28 billion. The billings figure is 8.6 percent lower than the final December 2014 level of $1.40 billion, and is 3.5 percent higher than the January 2014 billings level of $1.23 billion.

“2014 was a strong growth year for the semiconductor equipment industry, and both bookings and billings at the start of this year are comparable to the early 2014 figures,” said SEMI president and CEO Denny McGuirk. “Given the positive outlook for the semiconductor industry in 2015 and based on current capex announcements, we expect the equipment market to continue to grow this year.”

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, February 2015