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North American semi equipment April sales dip reflects conservative industry mood, SEMI says

SEMI president and CEO Stanley T. Myers noted that a number of fab projects have been put on-hold or delayed until next year, and the current equipment data reflects this activity.

By Ann Steffora Mutschler, Senior Editor -- Electronic News, 5/21/2008

Reflecting the ongoing conservative mood of the semiconductor industry, North America-based manufacturers of semiconductor equipment posted $1.07 billion in orders in April on a three-month average basis, and a book-to-bill ratio of 0.81 according to Semiconductor Equipment and Materials International (SEMI), the industry association serving the manufacturing supply chains for the microelectronic, display and photovoltaic industries.

A book-to-bill ratio of 0.81 means that $81 worth of orders was received for every $100 of product billed for the month, SEMI reminded.

In terms of worldwide bookings in April, the three-month average was $1.07 billion, which is approximately 8% less than the final March level of $1.17 billion, and almost 32% less than the $1.57 billion in orders posted in April 2007.

The three-month average of worldwide billings in April was $1.32 billion, which is about 2% less than the final March level of $1.34 billion, and about 17% less than the April 2007 billings level of $1.59 billion.

SEMI president and CEO Stanley T. Myers noted that a number of fab projects have been put on-hold or delayed until next year, and the current equipment data reflects this activity.

SEMI Book-to-Bill Ratio (in millions of US dollars)

Billings 
(three-month avg.)
Bookings
(three-month avg.)
Book-to-Bill Ratio
November 2007

1,383.2

1,130.7

0.82

December 2007

1,361.7

1,156.3

0.85

January 2008

1,279.3

1,141.0

0.89

February 2008

1,310.8

1,205.4

0.92

March 2008 (final)

1,344.9

1,165.6

0.87

April 2008 (prelim.)

1,318.9

1,073.8

0.81


(Source: SEMI)



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