The strong recovery in equipment bookings seen throughout the third quarter of 2009, flattened in the first month of the fourth quarter, according to SEMI’s latest Book-to-Bill Report for October. The three-month average of worldwide bookings in October 2009 was $756.2 million. The bookings figure is slightly less than the final September 2009 level of $758.9 million. A book-to-bill ratio of 1.10 was reported for October, down from 1.17 for September.
“The SEMI book-to-bill number has been above 1.0 for four months now, reflecting small and generally steady increases as the semiconductor industry continues a slow recovery," said Stanley T. Myers, president and CEO of SEMI. “Bookings in October 2009 have flattened, and we will continue to watch this number. SEMI maintains our forecast of a slowly improving capital spending outlook for the remainder of 2009 and into next year.”
The three-month average of worldwide billings in October 2009 was $689.8 million. The billings figure is 6.4 percent greater than the final September 2009 level of $648.4 million, and nearly 21 percent less than the October 2008 billings level of $871.4 million.